Moulet, Sonia; Rouchier, Juliette - In: Journal of Economic Dynamics and Control 32 (2008) 7, pp. 2322-2348
This paper investigates the formation of prices in a perishable goods market where agents bargain repeatedly through pair-wise interactions. After extensive field observations, we chose to focus on two aspects that seem important to actors of this market: the passage of time and update in...