Buying Frenzies

Pascal Courty ()

No ECO2005/27, Economics Working Papers from European University Institute

Abstract: I extend DeGraba's model of buying frenzies. I identify conditions under which buying frenzies are the only possible equilibrium and under which rationing occurs in equilibrium

Keywords: Buying Frenzy; Rationing (search for similar items in EconPapers)
JEL-codes: D21 D42 D45 (search for similar items in EconPapers)
Date: 2005

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Persistent link: http://EconPapers.repec.org/RePEc:eui:euiwps:eco2005/27

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