Optimal bilateral trade of multiple objects
نویسندگان
چکیده
منابع مشابه
Optimal bilateral trade of multiple objects
We consider a private-values buyer-seller problem with multiple objects. Valuations are binary, i.i.d., and such that the problem does not have a trivial solution. We characterize mechanisms that span the Pareto frontier. These have a very simple form: Call the seller "good" if he has a low valuation and "bad" if he has a high valuation. Call the buyer "good" if he has a high valuation and "bad...
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ژورنال
عنوان ژورنال: Games and Economic Behavior
سال: 2011
ISSN: 0899-8256
DOI: 10.1016/j.geb.2010.04.005