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Quality ambiguity and the market mechanism for credence goods

Benner, Dietrich (contributor) - 2004

post -. Trust has to replace own examination and verification. Applying Choquet-Expected Utility theory, a general model of …

Persistent link: https://www.econbiz.de/10011342061

Endogenous entry in markets with unobserved quality

Creane, Anthony; Jeitschko, Thomas D. - 2012

Persistent link: https://www.econbiz.de/10009737011

Endogenous entry in markets with unobserved quality

Creane, Anthony; Jeitschko, Thomas D. - In: The journal of industrial economics 64 (2016) 3, pp. 494-519

Persistent link: https://www.econbiz.de/10011574445

Information aggregation in dynamic markets with adverse selection

Asriyan, Vladimir; Fuchs, William; Green, Brett - 2017

Persistent link: https://www.econbiz.de/10011687292

Paying for market liquidity : competition and incentives

Bellia, Mario; Pelizzon, Loriana; Subrahmanyam, Marti G.; … - 2019

Do competition and incentives offered to designated market makers (DMMs) improve market liquidity? Using data from NYSE Euronext Paris, we show that an exogenous increase in competition among DMMs leads to a significant decrease in quoted and effective spreads, mainly through a reduction in...

Persistent link: https://www.econbiz.de/10011987269