Costs and benefits of dynamic trading in a lemons market
Sign Up to like & getrecommendations! Published in 2019 at "Review of Economic Dynamics"
DOI: 10.1016/j.red.2019.03.002
Abstract: Abstract We study a dynamic market with asymmetric information that creates the lemons problem. We compare efficiency of the market under different assumptions about the timing of trade. We identify positive and negative aspects of… read more here.
Keywords: benefits dynamic; costs benefits; dynamic trading; trading ... See more keywords