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Search Market Equilibrium, Bilateral Heterogeneity, and Repeat Purchases

โœ Scribed by Roland Benabou


Book ID
112257338
Publisher
Elsevier Science
Year
1993
Tongue
English
Weight
789 KB
Volume
60
Category
Article
ISSN
0022-0531

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Futures market equilibrium with heteroge
โœ Henri Fouda; Lawrence Kryzanowski; Minh Chau To ๐Ÿ“‚ Article ๐Ÿ“… 2001 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 169 KB

This paper studies equilibrium in the futures market for a commodity in a single good economy, which is populated by heterogeneous producers and speculators. The commodity is traded only in the spot market at harvest whereas futures contracts written on the commodity are traded continuously. The mod