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. In equilibrium fairness matters because of market frictions. But, when these frictions become negligible, the equilibrium …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 …
Persistent link: https://www.econbiz.de/10012648091
. In equilibrium fairness matters because of market frictions. But, when these frictions become negligible, the equilibrium …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 …
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