Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10010247669
Persistent link: https://www.econbiz.de/10009612404
This paper studies the symmetric equilibria of a two-buyer, two-seller model of directed search in which sellers commit to information provision. More informed buyers have better differentiated private valuations and extract higher rents from trade. When sellers cannot commit to sale mechanisms,...
Persistent link: https://www.econbiz.de/10010730045