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Volumn 63, Issue 4, 1996, Pages 559-580

Market Making by Price-Setting Firms

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[No Author keywords available]

Indexed keywords


EID: 0009021411     PISSN: 00346527     EISSN: None     Source Type: Journal    
DOI: 10.2307/2297793     Document Type: Article
Times cited : (117)

References (20)
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    • (1987) Contractual Arrangements for Intertemporal Trade , pp. 81-104
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  • 2
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    • Search Market Equilibrium, Bilateral Heterogeneity, and Repeat Purchases
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  • 3
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    • Information Effects on the Bid Ask Spread
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    • Copeland, T.E.1    Galai, D.2
  • 4
    • 0011461960 scopus 로고
    • Price Competition between Market Makers
    • DENNNERT, J. (1993), "Price Competition between Market Makers", Review of Economic Studies, 60, 735-751.
    • (1993) Review of Economic Studies , vol.60 , pp. 735-751
    • Dennnert, J.1
  • 5
    • 0001439762 scopus 로고
    • Aggregate Demand Management in Search Equilibrium
    • DIAMOND, P. (1982), "Aggregate Demand Management in Search Equilibrium", Journal of Political Economy, 90, 881-894.
    • (1982) Journal of Political Economy , vol.90 , pp. 881-894
    • Diamond, P.1
  • 6
    • 0000785754 scopus 로고
    • Consumer Differences and Prices in a Search Model
    • DIAMOND, P. (1987), "Consumer Differences and Prices in a Search Model", Quarterly Journal of Economics, 102, 429-436.
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  • 9
    • 0345401653 scopus 로고
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    • GLOSTEN, L. R. and MILGROM, P. R. (1985), "Bid, Ask and Transaction Prices in a Specialist Market with Heterogeneously Informed Traders", Journal of Financial Economics, 14, 71-100.
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    • Glosten, L.R.1    Milgrom, P.R.2
  • 10
    • 0000518184 scopus 로고
    • Foundation of Dynamic Monopoly and the Coase Conjecture
    • GUL, F., SONNENSCHEIN, H. and WILSON, R. (1986), "Foundation of Dynamic Monopoly and the Coase Conjecture," Journal of Economic Theory, 39, 155-190.
    • (1986) Journal of Economic Theory , vol.39 , pp. 155-190
    • Gul, F.1    Sonnenschein, H.2    Wilson, R.3
  • 11
    • 2742534760 scopus 로고
    • The Inefficiency of Arbitrage in an Equilibrium Search Model
    • HOGAN, S. D. (1991), "The Inefficiency of Arbitrage in an Equilibrium Search Model", Review of Economic Studies, 58, 755-776.
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    • Hogan, S.D.1
  • 12
    • 0001120602 scopus 로고
    • Search and Market Equilibrium
    • MACMINN, R. D. (1980), "Search and Market Equilibrium", Journal of Political Economy, 88, 308-327.
    • (1980) Journal of Political Economy , vol.88 , pp. 308-327
    • Macminn, R.D.1
  • 13
    • 0001301488 scopus 로고
    • A Simple Model of Equilibrium Price Dispersion
    • REINGANUM, J. (1979), "A Simple Model of Equilibrium Price Dispersion", Journal of Political Economy, 87, 851-858.
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    • Reinganum, J.1
  • 15
    • 0000232828 scopus 로고    scopus 로고
    • Market Microstructure and Intermediation
    • forthcoming
    • SPULBER, D. F. (1996), "Market Microstructure and Intermediation", Journal of Economic Perspectives (forthcoming).
    • (1996) Journal of Economic Perspectives
    • Spulber, D.F.1
  • 16
    • 0000048786 scopus 로고
    • Bertrand Competition for Inputs and Walrasian Outcomes
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  • 17
  • 18
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    • Competition and the Number of Firms in the Market : Are Duopolies More Competitive than Atomistic Markets?
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    • Stiglitz, J.E.1


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