To Each According To...? Markets, Tournaments, and the Matching Problem with Borrowing Constraints
收藏NBER1997-02-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5930
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资源简介:
We compare the performance of markets and tournaments as allocative mechanisms in an economy with borrowing constraints. The model consists of a continuum of individuals who differ in their initial wealth and ability level (e.g. students) and that are to be assigned to a continuum of investment
提供机构:
美国国家经济研究局
创建时间:
1997-02-01



