Middlemen in search equilibrium: a survey
Auteur :
Gong, Grace Xun / Qiao, Ziqi / Wright, Randall
Éditeur :
Cambridge University Press
ISBN :
9781009700306
Date de publication :
31 mai 2026
Langue :
Anglais
Pays d'origine :
Grande Bretagne
Surveys the literature on middlemen (i.e., intermediation in exchange) reviewing, extending and consolidating key developments in the field. This is important because intermediated trade is common in reality but absent in standard general equilibrium theory. The authors focus on research using search theory.