Similar Search Results

Decentralized trade mitigates the lemons problem

Moreno, Diego; Wooders, John - In: International economic review 51 (2010) 2, pp. 383-399

Persistent link: https://www.econbiz.de/10003974366

Dynamic markets for lemons : performance, liquidity, and policy intervention

Moreno, Diego; Wooders, John - 2012

Persistent link: https://www.econbiz.de/10010473704

The efficiency of decentralized and centralized markets for lemons

Moreno, Diego (contributor); Wooders, John (contributor) - 2001

Persistent link: https://www.econbiz.de/10003309609

Decentralized trade mitigates the lemons problem

Moreno, Diego (contributor); Wooders, John (contributor) - 2007

Persistent link: https://www.econbiz.de/10003573455

Dynamic markets for lemons : performance, liquidity, and policy intervention

Moreno, Diego; Wooders, John - In: Theoretical economics : TE ; journal of the Econometric … 11 (2016) 2, pp. 601-639

Persistent link: https://www.econbiz.de/10011500708

Dynamic markets for lemons: performance, liquidity, and policy intervention

Moreno, Diego; Wooders, John - In: Theoretical economics : TE ; an open access journal in … 11 (2016) 2, pp. 601-639

We study non-stationary dynamic decentralized markets with adverse selection in which trade is bilateral and prices are determined by bargaining. Examples include labor markets, housing markets, and markets for financial assets. We characterize equilibrium, and identify the dynamics of...

Persistent link: https://www.econbiz.de/10011672004