The IO of Selection Markets /

This is an invited chapter for the forthcoming Volume 4 of the Handbook of Industrial Organization. We focus on "selection markets," which cover markets in which consumers vary not only in how much they are willing to pay for a product but also in how costly they are to the seller. The cha...

Ausführliche Beschreibung

Gespeichert in:
1. Verfasser:
Einav, Liran
Körperschaft:
National Bureau of Economic Research
Weitere Verfasser:
Finkelstein, Amy, Mahoney, Neale
Format:
Elektronisch E-Book
Sprache:
Englisch
Veröffentlicht:
Cambridge, Mass. National Bureau of Economic Research 2021.
Zusammenfassung:
This is an invited chapter for the forthcoming Volume 4 of the Handbook of Industrial Organization. We focus on "selection markets," which cover markets in which consumers vary not only in how much they are willing to pay for a product but also in how costly they are to the seller. The chapter tries to organize the recent wave of IO-related papers on selection markets, which has largely focused on insurance and credit markets. We provide a common framework, terminology, and notation that can be used to understand many of these papers, and that we hope can be usefully applied going forward.
Umfang:
1 online resource: illustrations (black and white);
Anmerkungen:
July 2021.
Schlagworte: