Unraveling Results from Comparable Demand and Supply: An Experimental Investigation
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Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers. However this presents a puzzle, since unraveling can only occur when firms are willing to make early
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美国国家经济研究局创建时间：
2009-05-01
