Baye Morgan Scholten (2006) - Information Search and Price Dispersion
Revision as of 18:31, 25 January 2010 by imported>Ed (New page: *This page is part of a series under PHDBA279B ==Key Reference(s)== ==Introduction== Baye et al. (2006) provides a survey of models of search and clearing-house that exhibit price d...)
- This page is part of a series under PHDBA279B
Key Reference(s)
Introduction
Baye et al. (2006) provides a survey of models of search and clearing-house that exhibit price dispersion. The survey is undertaken through two specializable frameworks, one for search and one for cleaning-houses, which are then adapted to show the key results from the literature. There are a number of equivalent results across the two frameworks.
