Physical Search |
| |
| Authors: | Klaus Kultti Antti Miettunen Juha Virrankoski |
| |
| Institution: | (1) Department of Economics, University of Helsinki, P.O. Box 17, (Arkadiankatu 7), 00014, Finland;(2) Department of Economics, Research Unit on Economic Structures and Growth, University of Helsinki, P.O. Box 17, (Arkadiankatu 7), 00014, Finland |
| |
| Abstract: | Unidirectional search is an evolutionarily stable outcome in an economy where homogenous buyers and sellers can either move
or stay. It is more efficient than bidirectional search. In unidirectional search, it is more efficient if the more numerous
agents move and the less numerous agents stay, than vice versa. |
| |
| Keywords: | search auction coordination problem |
| 本文献已被 SpringerLink 等数据库收录！ |
|
