Corpus ID: 235417294

The separation of market and price in some free competitions and its related solution to the over-application problem in the job market

@inproceedings{Zha2021TheSO,
  title={The separation of market and price in some free competitions and its related solution to the over-application problem in the job market},
  author={Vincent Zha},
  year={2021}
}
According to common understanding, in free completion of a private product, market and price, the two main factors in the competition that leads to economic efficiency, always exist together. This paper, however, points out the phenomenon that in some free competitions the two factors are separated hence causing inefficiency. For one type, the market exists whereas the price is absent, i.e. free, for a product. An example of this type is the job application market where the problem of over… Expand

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