Limited monitoring and the essentiality of money

DOI10.1016/J.JMATECO.2015.03.004MaRDI QIDQ2348002zbMATH OpenOpenAlexFDO

Authors Luis Araujo, Braz Camargo

Publication date 10 June 2015

Published in Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jmateco.2015.03.004

zbMATH Keywords

community enforcementessentialitylimited monitoring

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

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Cites work

• A Divisible Search Model of Fiat Money
• A model in which outside and inside money are essential
• A Model of Money and Credit, with Application to the Credit Card Debt Puzzle
• A note on reactive equilibria in the discounted prisoner's dilemma and associated games
• Community enforcement when players observe partners' past play
• Community enforcement with observation costs
• Contagion Equilibria in a Monetary Model
• Incomplete record-keeping and optimal payment arrangements
• Informational Constraints and the Overlapping Generations Model: Folk and Anti-Folk Theorems
• Money and credit with limited commitment and theft
• Money and prices: A model of search and bargaining
• Money is memory
• Optimal money creation in ``pure currency economies: a conjecture
• Sequences of Games with Varying Opponents
• Social Norms and Community Enforcement

Cited in

(5)

• Fiat money as a public signal, medium of exchange, and punishment
• Time and money. How long and how much money is needed to regulate a viable economy
• A model in which outside and inside money are essential
• Co-essentiality of money and credit: a mechanism-design view
• Credit, money and (pseudo-)anonymity

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