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    • Endogenous Transaction Costs 

      Martins-da-Rocha, Victor Filipe; Vailakis, Yiannis
      2008-10-28
      The paper proposes an alternative general equilibrium formulation of financial asset economies with transactions costs. Transaction costs emerge endogenously at equilibrium and reflect agents decisions of intermediating ...
    • Endogenous transactions costs in multi-seller model 

      Menezes, Flavio Marques; Pitchford, Rohan
      2001-07-01
      vVe examine the problem of a buyer who wishes to purehase and eombine ti. objeets owned by n individual owners to realize a higher V'illue. The owners are able to delay their entry into the sale proeess: They ean either ...
    • Large economies with differential information but without free disposal 

      Martins-da-Rocha, Victor Filipe; Angeloni, Laura
      2008-02-28
      We consider exchange economies with a continuum of agents and differential information about finitely many states of nature. It was proved in Einy, Moreno and Shitovitz (2001) that if we allow for free disposal in the ...