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Displaying results 1 to 6 of 6.

  1. Search costs and the severity of adverse selection
    Published: [2016]
    Publisher:  Banca d'Italia Eurosistema, [Rom]

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 450 (1073)
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Temi di discussione / Banca d'Italia ; number 1073 (July 2016)
    Subjects: dynamic adverse selection; decentralized markets; search theory; time on market observability
    Scope: 1 Online-Ressource (circa 66 Seiten), Illustrationen
  2. Taxation, information acquisition, and trade in decentralized markets
    theory and test
    Published: [2022]
    Publisher:  Faculty of Economics and Statistics, University of Innsbruck, Innsbruck, Austria

    This paper shows that a transaction tax makes trades in decentralized markets more information sensitive and enlarges the range of information costs for which the equilibrium exhibits private information acquisition and endogenous adverse selection.... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 395
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    This paper shows that a transaction tax makes trades in decentralized markets more information sensitive and enlarges the range of information costs for which the equilibrium exhibits private information acquisition and endogenous adverse selection. A transaction tax reduces the probability of trade. The opposite implications hold for a tax on capital gains. The theoretical implications of a transaction tax are tested using a tax policy change in one segment of Singapore's housing market. Using various proxies for information sensitivity, the triple difference-in-difference analysis shows that a higher transaction tax reduces turnover more strongly when trades are more information sensitive.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/273681
    Series: Working papers in economics and statistics ; 2022, 8
    Subjects: Bargaining; information acquisition; taxation; transaction tax; capital gains tax; tax incidence; decentralized markets; housing markets; policy experiment; information sensitivity
    Scope: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  3. Efficient partnership formation in networks
    Published: February 2018
    Publisher:  Centre for Research in Economic Theory and its Applications, Coventry, United Kingdom

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 701
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion paper series / Centre for Research in Economic Theory and its Applications ; no: 41
    Subjects: networks; partnerships; matchings; efficiency; decentralized markets; favor exchange; completely elementary networks; locally balanced network
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  4. On the efficiency of large resale networks
    Published: 10 December 2021
    Publisher:  Centre for Economic Policy Research, London

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    LZ 161
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    Universitätsbibliothek Mannheim
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP16800
    Subjects: decentralized markets; resale networks; asymmetric information; efficiency
    Scope: 1 Online-Ressource (circa 29 Seiten), Illustrationen
  5. Sorting versus screening in decentralized markets with adverse selection
    Published: 06 October 2022
    Publisher:  Centre for Economic Policy Research, London

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    LZ 161
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    Universitätsbibliothek Mannheim
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP17575
    Subjects: Meeting technology; mechanisms; decentralized markets
    Scope: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  6. The economic impact of lockdowns
    a theoretical assessment
    Published: 7-9-21
    Publisher:  Chapman University, Economic Science Institute, [Orange, CA]

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: ESI working papers ; 21, 13
    Subjects: decentralized markets; random matching; contagion; nonpharmaceutical interventions
    Scope: 1 Online-Ressource (circa 48 Seiten), Illustrationen