A model of secular migration from centralized to decentralized trade
Year of publication: |
2021
|
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Authors: | Cai, Zhifeng ; Dong, Feng |
Published in: |
Economic theory. - Berlin : Springer, ISSN 1432-0479, ZDB-ID 1398355-6. - Vol. 72.2021, 1, p. 201-244
|
Subject: | Exchange versus over-the-counter (OTC) Market | Adverse selection | Search frictions | Institutional investors | Fragmented financial markets | Finanzmarkt | Financial market | Adverse Selektion | OTC-Handel | OTC market | Institutioneller Investor | Institutional investor | Suchtheorie | Search theory | Marktmechanismus | Market mechanism |
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