The deficit on each trade in a Vickrey double auction is at...

Journal of Mathematical Economics 2019 / 10 Vol. 84

The deficit on each trade in a Vickrey double auction is at least as large as the Walrasian price gap

Loertscher, Simon, Mezzetti, Claudio
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Volume:
84
Journal:
Journal of Mathematical Economics
DOI:
10.1016/j.jmateco.2019.07.004
Date:
October, 2019
File:
PDF, 414 KB
2019
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