Working Paper No. 236

Regulations in Search Markets

Published: December, 1989Pages: 15

Regulations in Search Markets Bo Axell


In a market with information costs, i.e., a search market, the equilibrium formation of prices and outputs will differ significantly from that of a purely competitive market. The equilibrium will be either a monopoly price or a price distribution. Hence, it is normally not a socially optimal situation. The problem discussed in this paper is what kinds of rules and regulations that can be introduced in a search market to improve the solution from a social welfare point of view.

Interdisciplinary European Studies

The European Union and the Return of the Nation State

9783030350048_200x_the-european-union-and-the-return-of-the-nation-state.jpg

This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

About the book

Events

Seminars organized by IFN

 

To present ongoing research informal brown-bag seminars are held on Mondays at 11:30 am. This is an opportunity for IFN researchers to test ideas and results.

Academically oriented seminars are most of the time held on Wednesdays at 10 am. At these events researchers from IFN and other institutions present their research.

In addition, IFN organizes seminars open to the public. Topics for these are derived from the IFN research.

Research Institute of Industrial Economics, Grevgatan 34 - 2 fl, Box 55665, SE-102 15 Stockholm, Sweden | Phone: +46-(0)8-665 45 00 | info@ifn.se