allocation. In addition, we investigate how the change of investor proportion on the market influences the equilibrium properties …

study focuses on the multi-object allocation problem with monetary transfers where each agent obtains at most one object … (unit-demand). In the situation with arbitrary n, m and v, we show that the minimum price Walrasian rule with reserve prices … more general situation than them. Moreover, we characterize the minimum price Walrasian rules by efficiency, strategy …

the used capital price because aggregate shocks cause firms to exit and enter an investment inaction region, so higher … moments of firm size affect the used capital price and investment. We find that neither frictionless models nor models with …