| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14063 |
| DP14063 Lemons and Peaches: A (Robust) Multi-stage Buying Mechanism with Multiple Applications | |
| Hans Gersbach; Akaki Mamageishvili; Oriol Tejada | |
| 发表日期 | 2019-10-17 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | We introduce a four-stage, multi-price buying mechanism, which can be used by a (big) buyer to separate low-quality sellers - called "lemon" owners - from high-quality sellers - called "peach" owners. With a partition of sellers, the buyer obtains the commodities from the "peach" owners at a price that matches the willingness to sell. By contrast, "lemon" owners are trapped into selling their items at a low, or even negligible, price. Our mechanism is robust for several extensions of our baseline setup, offers applications for market makers and regulators, and may be used by interest groups in politics. |
| 主题 | Industrial Organization |
| 关键词 | Lemons market - partition - signaling - commitment - market maker - vote-buying - lobbying - decoy ballots |
| URL | https://cepr.org/publications/dp14063-0 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542949 |
| 推荐引用方式 GB/T 7714 | Hans Gersbach,Akaki Mamageishvili,Oriol Tejada. DP14063 Lemons and Peaches: A (Robust) Multi-stage Buying Mechanism with Multiple Applications. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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