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Competitive Markets with Private Information on Both Sides

Martin Meier, Enrico Minelli and Herakles Polemarchakis

Working Papers from University of Brescia, Department of Economics

Abstract: We consider competitive markets with asymmetric information. We intro- duce a notion of equilibrium that allows individuals to act strategically both as buyers and as sellers, and we prove that equilibria exist.

Date: 2009
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Citations: View citations in EconPapers (6)

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Journal Article: Competitive markets with private information on both sides (2014) Downloads
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