Attar, Andrea; Mariotti, Thomas; Salanié, François - Centro di Studi Internazionali Sull'Economia e la … - 2010
We consider an exchange economy in which a seller can trade an endowment of a divisible good whose quality she privately knows. Buyers compete in menus of non-exclusive contracts, so that the seller may choose to trade with several buyers. In this context, we show that an equilibrium always...