Search and Information Frictions in Decentralized Markets

This thesis studies the importance and implications of information asymmetry in decentralized markets with search frictions. The first chapter provides an introduction and literature review. In the next chapter, I propose a model of the housing market using a search framework in which sellers are un...

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Bibliographic Details
Main Author: Stacey, Derek
Other Authors: Queen's University (Kingston, Ont.). Theses (Queen's University (Kingston, Ont.))
Language:en
en
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/1974/7587