Screening and Adverse Selection in Frictional Markets
收藏NBER2016-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21833
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资源简介：
We incorporate a search-theoretic model of imperfect competition into an otherwise standard model of asymmetric information with unrestricted contracts. We develop a methodology that allows for a sharp analytical characterization of the unique equilibrium, and then use this characterization to
提供机构：
美国国家经济研究局
创建时间：
2016-01-01
