uchicago-computation-workshop / ali_hortacsu

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Presumably multilateral trade? #28

Open Shuting05 opened 6 years ago

Shuting05 commented 6 years ago

Thank you for presenting this fantastic paper! I was wondering that what would happen if you construct a long-distance trade model based on multilateral trade (at least three cities) rather than bilateral trade between two cities? How would this affect the trade friction and consequently affect the predicted location of lost ancient cities?