The market strategies based on the dominant price

MaRDI QIDQ3517027zbMATH OpenFDO

Authors Wei Li, Zuofeng Gao, Jian Yu, Ying Ma

Publication date 12 August 2008

zbMATH Keywords

adverse choiceexpected utilityinformation asymmetryrisk-neutrial

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

Recommendations

• Cycles and multiple equilibria in the market for durable lemons
• A scent of lemon -- seller meets buyer with a noisy quality observation
• Competing mechanisms in markets for lemons
• Adverse selection in dynamic matching markets
• Competitive search markets for durable goods

Cited in

(2)

• Niche market or mass market?
• Market failure in light of non-expected utility

This page was built for publication: The market strategies based on the dominant price

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q3517027)