On the Segmentation of Markets

On the Segmentation of Markets

This paper endogenizes the market structure of an economy with heterogeneous agents who want to form bilateral matches in the presence of search frictions and when utility is nontransferable. There exist infinitely many marketplaces, and each agent chooses which marketplace to be in: agents get to c...

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Bibliographic Details
Main Authors: JACQUET, Nicolas L., TAN, Serene
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2007
Subjects:
Financial market structures
Intelligent agents
Economic agents
Market equilibrium
Market economies
Reasoning
Increasing returns
Intuition
Zero
Finance
Industrial Organization
Political Economy
Online Access:https://ink.library.smu.edu.sg/soe_research/80
https://ink.library.smu.edu.sg/context/soe_research/article/1079/viewcontent/segmentation_markets_pv.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/80
https://ink.library.smu.edu.sg/context/soe_research/article/1079/viewcontent/segmentation_markets_pv.pdf

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