LACK‐OF‐RECALL AND CENTRALIZED MONETARY TRADE*
在集中化交易模型中，用交易历史遗忘替代匿名性假设，证明在跨期需求双重巧合缺失和承诺缺失的环境下，遗忘能产生福利优于非货币结果的货币均衡。
We introduce lack‐of‐recall of past transactions as an alternative assumption to anonymity in a model where trade is centralized. In environments where there is an intertemporal lack‐of‐double‐coincidence of wants problem and lack‐of‐commitment, lack‐of‐recall can give rise to monetary equilibria that dominate nonmonetary outcomes in terms of welfare.