Equilibrium in a durable goods market with lumpy adjustment.
Andrew CaplinJohn LeahyPublished in: J. Econ. Theory (2006)
Keyphrases
- pricing mechanism
- electronic markets
- market equilibrium
- digital goods
- moral hazard
- market participants
- equilibrium strategies
- pricing model
- bidding strategies
- information goods
- supply chain management
- multi unit
- risk aversion
- quality of service
- optimal pricing
- decision making
- electronic marketplaces
- financial data
- nash equilibrium
- neural network
- foreign exchange
- double auction
- market data
- stock market
- game theory
- electronic commerce
- supply chain