A Walrasian competitive equilibrium defines a set of linear and anonymous prices where no coalition of market participants wants to deviate. Walrasian prices do not exist in nonconvex markets in general, with electricity markets as an important …
We study the problem of pricing under a Multinomial Logit model where we incorporate network effects over the consumer’s decisions. We analyse both cases, when sellers compete or collaborate. In particular, we pay special attention to the overall …