TY - JOUR
T1 - The role of private information in dynamic matching and bargaining : can it be good for efficiency?
AU - SHNEYEROV, Artyom
AU - WONG, Chi Leung, Adam
PY - 2011/7/1
Y1 - 2011/7/1
N2 - We consider a private information replica of the dynamic matching and bargaining model of Mortensen and Wright (2002). We find that private information typically deters entry. But, the welfare can actually be higher under private information.
AB - We consider a private information replica of the dynamic matching and bargaining model of Mortensen and Wright (2002). We find that private information typically deters entry. But, the welfare can actually be higher under private information.
KW - Markets with search frictions
KW - matching and bargaining
KW - two-sided incomplete information
UR - http://commons.ln.edu.hk/sw_master/4491
UR - http://www.scopus.com/inward/record.url?scp=79955948882&partnerID=8YFLogxK
U2 - 10.1016/j.econlet.2011.03.016
DO - 10.1016/j.econlet.2011.03.016
M3 - Journal Article (refereed)
SN - 0165-1765
VL - 112
SP - 128
EP - 131
JO - Economics Letters
JF - Economics Letters
IS - 1
ER -