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A double-track adjustment process for discrete markets with substitutes and complements

Sun, Ning; Yang, Zaifu - In: Econometrica : journal of the Econometric Society, an … 77 (2009) 3, pp. 933-952

Persistent link: https://www.econbiz.de/10003867002

Dynamic matching, two-sided incomplete information and participation costs : existence and convergence to perfect competition

Satterthwaite, Mark; Shneyerov, Artyom - In: Econometrica : journal of the Econometric Society, an … 75 (2007) 1, pp. 155-200

Persistent link: https://www.econbiz.de/10003410474

Competitive equilibrium in market for votes

Casella, Alessandra; Llorente-Saguer, Aniol; Palfrey, … - 2010

Persistent link: https://www.econbiz.de/10008667501

Competitive Equilibrium in Markets for Votes

Casella, Alessandra - 2010

We develop a competitive equilibrium theory of a market for votes. Before voting on a binary issue, individuals may buy and sell their votes with each other. We define the concept of Ex Ante Vote-Trading Equilibrium, identify weak sufficient conditions for existence, and construct one such...

Persistent link: https://www.econbiz.de/10012462342

A Walrasian Theory of Sovereign Debt Auctions with Asymmetric Information

Cole, Harold - 2018

usually auctioned in large lots to a large number of potential investors, we develop a novel model of auctions with asymmetric … degrees of asymmetric information under two commonly-used protocols: discriminatory-price auctions and uniform-price auctions … endogenous information acquisition and find that (i) discriminatory auctions may display multiple welfare-ranked informational …

Persistent link: https://www.econbiz.de/10012452833