Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10009235732
Persistent link: https://www.econbiz.de/10003982003
Persistent link: https://www.econbiz.de/10009665448
For economies in which goods are available in several (discrete) units, this paper identifies two notions of substitutes. The weaker notion guarantees monotonicity of tatonnement processses and convergence of clock auctions to a pseudo-equilibrium, but only the stronger notion, which treats each...
Persistent link: https://www.econbiz.de/10005047945