Resale Markets and the Assignment of Property Rights

DOI10.1111/1467-937X.00116MaRDI QIDQ4939356zbMATH OpenOpenAlexFDO

Authors Philippe Jehiel, Benny Moldovanu

Publication date 23 February 2000

Published in Review of Economic Studies (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/1467-937x.00116

zbMATH Keywords

transaction costsresale markets

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Economic growth models (91B62)

Recommendations

• Externalities in a bargaining model of public price announcements and resale
• Revenue and efficiency effects of resale in first-price auctions
• Symmetric smooth consumption externalities
• Auctions with resale and bargaining power
• Equilibrium and efficiency with property rights and local consumption externalities

Cited in

(8)

• English auctions with resale: an experimental study
• Deferred acceptance algorithm with retrade
• Retrading in market games.
• Inefficient ownership and resale opportunities
• The market for conservation and other hostages
• The all-pay auction with complete information and identity-dependent externalities
• The timing of contracting with externalities
• Strategic collusion in auctions with externalities

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