transactions is characterized by a network and an efficient auction protocol sets prices. We examine trading networks compatible …

generalized submodular flow problem on a suitable network. Existence of a competitive equilibrium and its equivalence with the …

Network markets are characterized by composite goods or services that can be obtained from alternative combinations of … elementary products, which are determined by network topology and market structure. This paper examines factors that affect … equilibria in network markets by considering a number of simple economic models of network markets. First it is shown how network …