Kýbrýs, Özgür; Küçükþenel, Serkan - EconWPA - 2005
markets, we propose a class of Uniform Trade rules each of which determines the volume of trade as the median of total demand … evaluate these 'trade rules' on the basis of some standard axioms in the literature. We show that they uniquely satisfy Pareto … implications of anonymity, renegotiation proofness, and voluntary trade on this domain. …