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Author: | Kultti, K. Riipinen, T. |
Title: | Multilateral and bilateral meetings with production heterogeneity |
Journal: | Finnish Economic Papers
2003 : SPRING, VOL. 16:1, p. 27-37 |
Index terms: | Terms of trade Pricing |
Language: | eng |
Abstract: | The paper studies different trading processes in the context of a search-based model of endogenous money. Heterogeneity is incorporated in the model by allowing multiple meetings of agents and divisible production. |
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