Credit in a Random Matching Model with Private Information.

We consider a random matching model without monetary exchange where agents have complete access to each others' histories. Exchange is motivated by risk sharing given random unobservable incomes. The key feature of this environment is that information is mobile across locations even while goods are not.

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Year of publication:	1997
Authors:	Aiyagari, S.R. ; Williamson, S.D.
Institutions:	Department of Economics, Tippie College of Business
Subject:	INFORMATION \| ECONOMIC MODELS

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Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	37 pages
Classification:	C51 - Model Construction and Estimation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005566234