Market Making by Price-Setting Firms (Q5689653)

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scientific article; zbMATH DE number 961690
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Market Making by Price-Setting Firms
scientific article; zbMATH DE number 961690

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    Market Making by Price-Setting Firms (English)
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    7 January 1997
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    heterogeneous consumers
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    time-consuming search
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    unique symmetric equilibrium pricing strategy
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    Walrasian equilibrium
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    steady-state market equilibrium
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    continual entry and exit
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