Spontaneous Market Emergence.
Drawing insights from the literature and from the author's own survey work on contractual practices among manufacturers and traders in Africa, we study the transition from anonymous to personal to impersonal exchange. Using a dynamic game with heterogenous agents and information sharing, we der...
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| Formatua: | Journal article |
| Hizkuntza: | English |
| Argitaratua: |
Berkeley Electronic Press
2002
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