To Each According to . . . ? Markets, Tournaments, and the Matching Problem with Borrowing Constraints
Work
Year: 1999
Type: article
Abstract: We compare the performance of markets and tournaments as allocative mechanisms in an economy with borrowing constraints. The economy consists of a continuum of individuals who differ in their initial ... more
Source: The Review of Economic Studies
Authors Raquel Fernández, Jordi Galı́
Cites: 22
Cited by: 94
Related to: 10
FWCI: 1.108
Citation percentile (by year/subfield): 94.44
Topic: Economic theories and models
Subfield: Economics and Econometrics
Domain: Social Sciences
Sustainable Development Goal Decent work and economic growth
Open Access status: bronze