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To Each According To...? Markets, Tournaments, and the Matching Problem with Borrowing Constraints
Fernández, Raquel; Galí, Jordi - C.E.P.R. Discussion Papers - 1997
We compare the performance of markets and tournaments as allocative mechanisms in an economy with borrowing constraints. The model consists of a continuum of individuals who differ in their initial wealth and ability level (e.g. students) and that are to be assigned to a continuum of investment...
Persistent link: https://www.econbiz.de/10005656414
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To each according to ...? : Markets, tournaments, and the matching problem with borrowing constraints
Fernández, Raquel; Galí, Jordi - 1997
Persistent link: https://www.econbiz.de/10000958818
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To each according to ...? : Markets, tournaments, and the matching problem with borrowing constraints
Fernández, Raquel; Galí, Jordi - 1997
Persistent link: https://www.econbiz.de/10000620956
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To each according to ...? : Markets, tournaments, and the matching problem with borrowing constraints
Fernández, Raquel; Galí, Jordi - In: The review of economic studies 66 (1999) 4, pp. 799-824
Persistent link: https://www.econbiz.de/10001433505
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To each according to ...? : markets, tournaments, and the matching problem with borrowing constraints
Fernández, Raquel - 1997
Persistent link: https://www.econbiz.de/10013422333
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To Each According to...? Markets, Tournaments, and the Matching Problem with Borrowing Constraints
Fernández, Raquel; Galí, Jordi - 2021
We compare the performance of markets and tournaments as allocative mechanisms in an economy with borrowing constraints. The model consists of a continuum of individuals who differ in their initial wealth and ability level (e.g. students) and that are to be assigned to a continuum of investment...
Persistent link: https://www.econbiz.de/10013239937