Gainers and Losers from Market Integration

Hans Gersbach and Hans Haller

No 16087, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: We compare integration of economic, matching and networking markets. There can be losers from integration in all three cases, but their relative numbers depend on the type of market. There can be many losers from integration of pure exchange economies. There are relatively few losers from integration of networking markets. In the matching case, the relative numbers tend to lie between those of the other two cases.

Keywords: Competitive exchange; Matching theory; Networks; market integration; Gainers and losers (search for similar items in EconPapers)
JEL-codes: C78 D02 D50 D85 F60 (search for similar items in EconPapers)
Date: 2021-04
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Journal Article: Gainers and losers from market integration (2022)
Working Paper: Gainers and Losers from Market Integration (2019)
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