Temzelides, Ted; Yu, Jialin - In: International Economic Review 45 (2004) 4, pp. 1221-1227
We introduce "lack-of-recall" of past transactions as an alternative assumption to anonymity in a model where trade is centralized. In environments where there is an intertemporal lack-of-double-coincidence of wants problem and lack-of-commitment, lack-of-recall can give rise to monetary...