Marketplace institutions related to the timing of transactions
By: Alvin E. Roth
Contributors: National Bureau of Economic Research
Series: NBER working paper series -- working paper 16556; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16556.
Publisher: National Bureau of Economic Research
Published: 2010
Place of publication: Cambridge, MA
Language: eng
Format: [electronic resource] /
Description: "This note describes the unraveling of transaction dates in several markets, including the labor markets for new lawyers hired by large law firms and for gastroenterology fellows, and the market for post-season college football bowls.  Together these will illustrate that unraveling can occur in markets with competitive prices, that it can result in substantial inefficiencies, and that marketplace institutions play a role in restoring efficiency.  I'll conclude with open questions about the role of marketplace institutions and the timing of transactions"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 3/24/2011.

Includes bibliographical references.

Also available in print.

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Mode of access: World Wide Web.