Electronic Resource
Springer
Journal of economics
66 (1997), S. 103-125
ISSN:
1617-7134
Keywords:
money
;
perishable commodities
;
search theory
;
C73
;
D83
;
E00
Source:
Springer Online Journal Archives 1860-2000
Topics:
Economics
Notes:
Abstract The aim of this paper is to demonstrate that a perishable good may be used as commodity money, even in economies in which perfectly durable commodities are available. This is shown in the general context of a search-theoretical model of a decentralized economy.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF01234402
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