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Wagner, Peter A. - In: Review of economic design 27 (2023) 2, pp. 337-357

Persistent link: https://www.econbiz.de/10014328610

Buyers of "lemons" : how can a blockchain platform address buyers' needs in the market for "lemons"?

Zavolokina, Liudmila; Miscione, Gianluca; Schwabe, Gerhard - In: Electronic markets : EM ; the international journal of … 30 (2020) 2, pp. 227-239

Persistent link: https://www.econbiz.de/10012419489

The blockchain, plums, and lemons : information asymmetries & transparency in decentralized markets

Notheisen, Benedikt; Weinhardt, Christof - 2019

Despite a growing interest, researchers and practitioners still struggle to transfer the blockchain concept introduced … information, this study analyzes the effect of the blockchain's public transparency paradigm on behavioral patterns and market … outcomes. In line with prior research, our findings indicate that the blockchain's shared record mitigates adverse selection …

Persistent link: https://www.econbiz.de/10011979156

Price signaling and the strategic benefits of price rigidities

Adriani, Fabrizio; Deidda, Luca G. - In: Games and economic behavior 67 (2009) 2, pp. 335-350

Persistent link: https://www.econbiz.de/10003909181

Price Signaling and the Strategic Benefits of Price Rigidities

Adriani, Fabrizio; Deidda, Luca G. - 2009

We analyze trade between a price setting party (seller) who has private information about the quality of a good and a price taker (buyer) who may also have private information. Differently from most of the literature, we focus on the case in which, under full information, it would be inefficient...

Persistent link: https://www.econbiz.de/10014221556