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Content archived on 2024-05-30

Reputation and Market Microstructure

Objective

The main objective of this project is to investigate the effects of reputation on equilibrium outcomes and microstructure of the markets where sellers announce their demands, but do not have to commit, while buyers can move back and forth between the sellers and negotiate to get a better deal. For this purpose, it aims to analyze the dynamics of the trading mechanisms and the properties of the equilibrium outcomes that we observe in such markets in a game-theoretical framework. Ultimately, the purpose is to characterize the optimal strategies of the market participants and to identify the conditions that the sellers prefer to compete with posted or bargain prices.

Fields of science (EuroSciVoc)

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Topic(s)

Call for proposal

FP7-PEOPLE-2009-RG
See other projects for this call

Funding Scheme

MC-IRG - International Re-integration Grants (IRG)

Coordinator

SABANCI UNIVERSITESI
EU contribution
€ 100 000,00
Address
ORTA MAHALLE UNIVERSITE CADDESI N 27 TUZLA
34956 Istanbul
Türkiye
Region
İstanbul İstanbul İstanbul
Activity type
Higher or Secondary Education Establishments
Links
Total cost
No data