Search Frictions and Efficiency in Decentralized Transportation Markets

In this paper we explore efficiency and optimal policy in decentralized transportation markets that suffer from search frictions, such as taxicabs, trucks and bulk shipping. We illustrate the impact of two externalities: the well-known thin/thick market externalities and what we call pooling externa...

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Veröffentlicht in:	NBER Working Paper Series 2020-06
Hauptverfasser:	Brancaccio, Giulia, Papageorgiou, Theodore, Kalouptsidi, Myrto, Rosaia, Nicola
Format:	Artikel
Sprache:	eng
Schlagworte:	Economic Fluctuations and Growth Economic theory Efficiency Industrial Organization International Trade and Investment
Online-Zugang:	Volltext
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