A random matching model with reported trading histories ∗

نویسندگان

  • Tao Zhu
  • Eliot Manner
چکیده

This paper sets up a matching (decentralized trade) model with a technology that allows each pair of agents to report the transfer of goods in the end of each pairwise meeting. It examines (a) conditions under which an allocation that can be supported as an equilibrium allocation, and (b) whether the report system can replace money. JEL Classification: E40

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تاریخ انتشار 2008