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The provision of quality in a bilateral search market

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dc.creator Ponsatí, Clara
dc.creator Sákovics, József
dc.date 2007-11-06T08:52:43Z
dc.date 2007-11-06T08:52:43Z
dc.date 2002-08-02
dc.date.accessioned 2017-01-31T00:58:05Z
dc.date.available 2017-01-31T00:58:05Z
dc.identifier http://hdl.handle.net/10261/1886
dc.identifier.uri http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1886
dc.description We accomplish two goals. First, we provide a non-cooperative foundation for the use of the Nash bargaining solution in search markets. This finding should help to close the rift between the search and the matching-and-bargaining literature. Second, we establish that the diversity of quality offered (at an increasing price-quality ratio) in a decentralized market is an equilibrium phenomenon - even in the limit as search frictions disappear.
dc.language eng
dc.relation UFAE and IAE Working Papers
dc.relation 534.02
dc.rights openAccess
dc.subject Quality dispersion
dc.subject Nash Program
dc.subject Bilateral search
dc.title The provision of quality in a bilateral search market
dc.type Documento de trabajo


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