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~isPartOf:"NBER Working Paper"
~isPartOf:"Wirtschaftsrecht und Wirtschaftspolitik"
~isPartOf:"Working Papers / eSocialSciences"
~person:"Duffie, Darrell"
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Study No. JAI/A3/2002/02 on ma...
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Duffie, Darrell
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Benchmarks in Search Markets
Duffie, Darrell
-
2014
We characterize the price-
transparency
role of benchmarks in over-the-counter markets. A benchmark can, under … dealers and customers, and reducing search costs. Although the market
transparency
promoted by benchmarks reduces dealers …
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