Gavazza, Alessandro 
ORCID: 0000-0001-9236-5813 and Lizzeri, Alessandro
(2021)
Frictions in product markets.
In: Ho, Kate, Hortaçsu, Ali and Lizzeri, Alessandro, (eds.)
Handbook of Industrial Organization.
Handbooks in Economics,4.
Elsevier (Firm), Amsterdam, NL, 433 - 484.
ISBN 9780323915137
Abstract
We focus on markets with frictions, such as transaction costs, asymmetric information, search and matching frictions. We discuss how such frictions affect allocations, favor the emergence of intermediaries or dealers, and potentially create market power. Our focus is mostly on markets with many participants rather than on transactions that are bilateral or involve a small number of players.
| Item Type: | Book Section |
|---|---|
| Official URL: | https://www.sciencedirect.com/handbook/handbook-of... |
| Additional Information: | © 2021 Elsevier B.V. |
| Divisions: | Economics |
| Subjects: | H Social Sciences > HF Commerce H Social Sciences > HD Industries. Land use. Labor |
| Date Deposited: | 21 Jan 2022 08:57 |
| Last Modified: | 17 Apr 2024 18:36 |
| URI: | http://eprints.lse.ac.uk/id/eprint/113495 |
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