Article ID Journal Published Year Pages File Type
5060114 Economics Letters 2012 4 Pages PDF
Abstract
► We present a stock-flow matching model with fully informed market participants. ► Prices are assumed to be set ex-ante. ► The unique equilibrium of the model is characterized by price dispersion. ► The model provides new insights into the price dispersion literature.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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