How Optimism Leads to Price Discovery and Efficiency in a Dynamic Matching Market
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- Dipjyoti Majumdar & Artyom Shneyerov & Huan Xie, 2010. "How Optimism Leads to Price Discovery and Efficiency in a Dynamic Matching Market," Working Papers 10004, Concordia University, Department of Economics.
References listed on IDEAS
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More about this item
Keywords
Markets with search frictions; aggregate uncertainty; heterogeneous beliefs; optimism; bargaining; foundations of Walrasian equilibrium;All these keywords.
JEL classification:
- C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
- C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CTA-2010-11-06 (Contract Theory and Applications)
- NEP-DGE-2010-11-06 (Dynamic General Equilibrium)
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