SEOUL NATIONAL UNIVERSITY · CENTER FOR LAW & ECONOMICS
Center for Law & Economics, Seoul National UniversityCENTER FOR LAW & ECONOMICS
ECONOMICS · RESEARCH RECORD
GlobalMacroeconomics

The Robust Properties of Economies with Endogenous Production Networks

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We characterize equilibria in a canonical class of economies with endogenous production networks, showing that log-prices equal a min-max over networks of a primitive

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