Gainers and losers from market integration
نویسندگان
چکیده
We compare integration of economic, matching and networking markets. There can be losers from in all three cases, but their relative numbers depend on the type market. many pure exchange economies. are relatively few In case, tend to lie between those other two cases. particular, grand economy markets, there weakly more non-losers than losers, with strict preferences gainers losers.
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ژورنال
عنوان ژورنال: Mathematical Social Sciences
سال: 2022
ISSN: ['1879-3118', '0165-4896']
DOI: https://doi.org/10.1016/j.mathsocsci.2021.12.003