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(i) What are the main differences between the standard model of competitive equilibrium studied in ECON 391 and what Wright et al. label as 'traditional'

(i) What are the main differences between the standard model of competitive equilibrium studied in ECON 391 and what Wright et al. label as 'traditional' search models?

(ii) What are the main differences between 'traditional' search models and 'directed' search models surveyed by Wright et al.?

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