Adverse Selection in Competitive Search Equilibrium
收藏NBER2009-04-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w14915
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资源简介:
We extend the concept of competitive search equilibrium to environments with private information, and in particular adverse selection. Principals (e.g. employers or agents who want to buy assets) post contracts, which we model as revelation mechanisms. Agents (e.g. workers, or asset holders) have
提供机构:
美国国家经济研究局
创建时间:
2009-04-01



