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Lemons and money market?
Ewerhart, Christian; Feubli, Patricia - 2010
This paper identifies simple conditions for monotone comparative statics of a unique equilibrium in the Akerlof-Wilson model. Separate conditions apply to trade volume and price. Trade volume increases when supply becomes both stronger and more elastic. In contrast, price decreases when supply...
Persistent link: https://www.econbiz.de/10003973048
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Lemons and money markets
Ewerhart, Christian; Feubli, Patricia - 2009
Persistent link: https://www.econbiz.de/10003941227
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Strategic liquidity supply and security design
Biais, Bruno; Mariotti, Thomas - In: The review of economic studies 72 (2005) 3, pp. 615-649
Persistent link: https://www.econbiz.de/10002960470
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Strategic liquidity supply and security design
Biais, Bruno; Mariotti, Thomas - 2003
Persistent link: https://www.econbiz.de/10001740364
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A liquidity-based model of security design
DeMarzo, Peter M. - In: Econometrica : journal of the Econometric Society, an … 67 (1999) 1, pp. 65-99
Persistent link: https://www.econbiz.de/10001256087
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Time-to-maturity and commodity futures return volatility : the role of time-varying asymmetric information
Phan Hoang Long; Zurbruegg, Ralf; Brockman, Paul; Yu, … - In: Journal of commodity markets 26 (2022), pp. 1-19
Persistent link: https://www.econbiz.de/10013450908
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Strategic liquidity supply and security design
Biais, Bruno - 2002
Persistent link: https://www.econbiz.de/10013423957
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More means worse : asymmetric information, spatial displacement and sustainable heritage tourism
Caserta, Silvia; Russo, Antonio Paolo - 2001
This paper analyses the market transformations in heritage tourism destinations when excessivetourism demand determines … model highlights some importantdimensions of sustainable tourism development. The lesser capacity of excursionists to learn …. Traditional tourism strategies are seldom successful when they try toprevent excessive growth by discouraging daily visits. This …
Persistent link: https://www.econbiz.de/10011316879
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More means worse : asymmetrical information, spatial displacement and sustainable heritage tourism
Caserta, Silvia; Russo, Antonio Paolo - 2001
Persistent link: https://www.econbiz.de/10001569726