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Author:Brusco, S.
Jackson, M. O.
Title:The optimal design of a market
Journal:Journal of Economic Theory
1999 : SEP, VOL. 88:1, p. 1-39
Index terms:Markets
Uncertainty
Competition
Efficiency
Models
Language:eng
Abstract:The optimal design of the rules of trade in a two-period market given that agents arrive at different times and may only trade with agents present contemporaneously is studied in this paper.
SCIMA record nr: 198428
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