Dynamic markets for lemons
| Autor(a) principal: | |
|---|---|
| Data de Publicação: | 2017 |
| Tipo de documento: | Dissertação |
| Idioma: | eng |
| Título da fonte: | Repositório Institucional do FGV (FGV Repositório Digital) |
| Texto Completo: | http://hdl.handle.net/10438/18328 |
Resumo: | Este trabalho investiga o papel da sinalização em um mercado dinâmico de limões. Nós derivamos propriedades gerais dos equilíbrios, e em particular dos equilíbrios totalmente separantes. O equilíbrio separante mais eficiente permite que trocas ocorram em todos os períodos para tos os tipos, uma característica que permanece mesmo quado os agentes são infinitamente pacientes – ao contrário do resultado de congelamento de mercados obtido por Moreno e Wooders (2016) num contexto similiar, porém sem a possibilidade de sinalização via preços. |
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Betto, Maria Fernanda PetriEscolas::EESPMonte, DanielMaestri, Lucas JóverCamargo, Bráz Ministério de2017-06-12T15:15:06Z2017-06-12T15:15:06Z2017-05-12BETTO, Maria Fernanda Petri. Dynamic markets for lemons. Dissertação (Mestrado em Economia de Empresas) - FGV - Fundação Getúlio Vargas, São Paulo, 2017.http://hdl.handle.net/10438/18328Este trabalho investiga o papel da sinalização em um mercado dinâmico de limões. Nós derivamos propriedades gerais dos equilíbrios, e em particular dos equilíbrios totalmente separantes. O equilíbrio separante mais eficiente permite que trocas ocorram em todos os períodos para tos os tipos, uma característica que permanece mesmo quado os agentes são infinitamente pacientes – ao contrário do resultado de congelamento de mercados obtido por Moreno e Wooders (2016) num contexto similiar, porém sem a possibilidade de sinalização via preços.This paper investigates the role of signaling in a dynamic, decentralized market for lemons. I derive general properties of equilibria, and in particular of fully separating equilibria. The most efficient separating equilibrium allows for the trade of every type in every period, a feature that remains even when all agents are infinitely patient – unlike the market freezing result obtained by Moreno and Wooders (2016) in a similar context but without the possibility for signaling through prices.engAdverse selectionSignalingDecentralized marketsSeleção adversaSinalizaçãoMercados descentralizadosEconomiaLimãoSeleção adversaMicroeconomiaEquilíbrio econômicoDynamic markets for lemonsinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessTEXTv3.pdf.txtv3.pdf.txtExtracted 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| dc.title.eng.fl_str_mv |
Dynamic markets for lemons |
| title |
Dynamic markets for lemons |
| spellingShingle |
Dynamic markets for lemons Betto, Maria Fernanda Petri Adverse selection Signaling Decentralized markets Seleção adversa Sinalização Mercados descentralizados Economia Limão Seleção adversa Microeconomia Equilíbrio econômico |
| title_short |
Dynamic markets for lemons |
| title_full |
Dynamic markets for lemons |
| title_fullStr |
Dynamic markets for lemons |
| title_full_unstemmed |
Dynamic markets for lemons |
| title_sort |
Dynamic markets for lemons |
| author |
Betto, Maria Fernanda Petri |
| author_facet |
Betto, Maria Fernanda Petri |
| author_role |
author |
| dc.contributor.unidadefgv.por.fl_str_mv |
Escolas::EESP |
| dc.contributor.member.none.fl_str_mv |
Monte, Daniel Maestri, Lucas Jóver |
| dc.contributor.author.fl_str_mv |
Betto, Maria Fernanda Petri |
| dc.contributor.advisor1.fl_str_mv |
Camargo, Bráz Ministério de |
| contributor_str_mv |
Camargo, Bráz Ministério de |
| dc.subject.eng.fl_str_mv |
Adverse selection Signaling Decentralized markets |
| topic |
Adverse selection Signaling Decentralized markets Seleção adversa Sinalização Mercados descentralizados Economia Limão Seleção adversa Microeconomia Equilíbrio econômico |
| dc.subject.por.fl_str_mv |
Seleção adversa Sinalização Mercados descentralizados |
| dc.subject.area.por.fl_str_mv |
Economia |
| dc.subject.bibliodata.por.fl_str_mv |
Limão Seleção adversa Microeconomia Equilíbrio econômico |
| description |
Este trabalho investiga o papel da sinalização em um mercado dinâmico de limões. Nós derivamos propriedades gerais dos equilíbrios, e em particular dos equilíbrios totalmente separantes. O equilíbrio separante mais eficiente permite que trocas ocorram em todos os períodos para tos os tipos, uma característica que permanece mesmo quado os agentes são infinitamente pacientes – ao contrário do resultado de congelamento de mercados obtido por Moreno e Wooders (2016) num contexto similiar, porém sem a possibilidade de sinalização via preços. |
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2017 |
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2017-06-12T15:15:06Z |
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2017-06-12T15:15:06Z |
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2017-05-12 |
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info:eu-repo/semantics/masterThesis |
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BETTO, Maria Fernanda Petri. Dynamic markets for lemons. Dissertação (Mestrado em Economia de Empresas) - FGV - Fundação Getúlio Vargas, São Paulo, 2017. |
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http://hdl.handle.net/10438/18328 |
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BETTO, Maria Fernanda Petri. Dynamic markets for lemons. Dissertação (Mestrado em Economia de Empresas) - FGV - Fundação Getúlio Vargas, São Paulo, 2017. |
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http://hdl.handle.net/10438/18328 |
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eng |
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