The unknown benefits of black markets

Research on the license plate market in China’s capital finds that black markets can potentially serve as an auction mechanism to redistribute limited resources to those in need

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Bibliographic Details
Main Author: Singapore Management University
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2021
Subjects:
Online Access:https://ink.library.smu.edu.sg/pers/610
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1619&context=pers
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Institution: Singapore Management University
Language: English
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