Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10005150312
Persistent link: https://www.econbiz.de/10005153910
Persistent link: https://www.econbiz.de/10005153686
This paper identifies two notions of substitutes for auction and equilibrium analysis. Weak substitutes, the usual price-theory notion, guarantees monotonicity of Tatonnement processes and convergence of clock auctions to a pseudo-equilibrium, but only strong substitutes, which treats each unit...
Persistent link: https://www.econbiz.de/10005153871
Persistent link: https://www.econbiz.de/10005058357
Persistent link: https://www.econbiz.de/10005081481
Persistent link: https://www.econbiz.de/10005081515
Persistent link: https://www.econbiz.de/10005146272