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The anatomy of buyer-seller dynamics in decentralized markets

Giovannetti, Andrea - In: International review of financial analysis 77 (2021), pp. 1-15

Persistent link: https://www.econbiz.de/10012806426

More on middlemen : equilibrium entry and efficiency in intermediated markets

Nosal, Ed; Wong, Yuet-Yee; Wright, Randall D. - In: Journal of money, credit and banking : JMCB 47 (2015), pp. 7-37

Persistent link: https://www.econbiz.de/10011345069

More on middlemen : equilibrium entry and efficiency in intermediated markets

Nosal, Ed; Wong, Yuet-Yee; Wright, Randall D. - 2014

This paper generalizes Rubinstein and Wolinsky's model of middlemen (intermediation) by incorporating production and … and dynamics. In the benchmark model, equilibrium exists uniquely, and involves production and intermediation for some … parameters but not others. Sometimes intermediation is essential: the market operates iff middlemen are active. If bargaining …

Persistent link: https://www.econbiz.de/10010439760

A Walrasian Rubinstein and Wolinsky model

Shneyerov, Artyom - In: Economics letters 124 (2014) 2, pp. 314-317

Persistent link: https://www.econbiz.de/10010494136

Stable matching and protocol-free equilibrium

Okada, Akira - In: Games and economic behavior 128 (2021), pp. 193-201

Persistent link: https://www.econbiz.de/10012672078

Posted prices, search and bargaining

Stacey, Derek - In: Review of economic dynamics 33 (2019), pp. 85-104

Persistent link: https://www.econbiz.de/10012312179

Fairness and competition in a bilateral matching market

Bester, Helmut - 2021

This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes. In equilibrium fairness matters because of market...

Persistent link: https://www.econbiz.de/10012587476