نتایج جستجو برای: quality trade

تعداد نتایج: 839448  

Journal: :Canadian Journal of Economics/Revue canadienne d'économique 2016

2001
Diego Moreno John Wooders

In markets with adverse selection, when average quality is low and frictions are small decentralized trade produces a greater surplus than predicted by the competitive model: under decentralized trade some high-quality units of the good trade whereas, due to the “lemons problem,” only low-quality units trade in the competitive equilibrium. This suggests a reason why these markets are often dece...

Journal: :Malaysian Journal of Economic Studies 2019

Journal: :SSRN Electronic Journal 2006

Journal: :Review of International Economics 2009

Journal: :Journal of International Economics 2012

Journal: :Journal of International Economics 2015

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