Information precision and asymptotic efficiency of industrial markets

DOI10.1016/j.jmateco.2007.04.010zbMath1142.91648OpenAlexW3122703731MaRDI QIDQ932770

Tunay I. Tunca

Publication date: 11 July 2008

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: http://archive.nyu.edu/handle/2451/28406

zbMATH Keywords

private informationbilateral oligopolylarge marketsprice-taking

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Trade models (91B60)

Cites Work

• Duopoly information equilibrium: Cournot and Bertrand
• Limit properties of equilibrium allocations of Walrasian strategic games
• The rate at which a simple market converges to efficiency as the number of traders increases: An asymptotic result for optimal trading mechanisms
• Approximately competitive equilibria in large finite economies
• Efficiency and information aggregation in auctions with costly information
• Existence and optimality of oligopoly equilibria in linear exchange economies
• A comment on ``A general model of information sharing in oligopoly, by Michael Raith
• Equilibrium allocations of Walrasian preference games
• Incentive compatibility and competitive allocations
• A general model of information sharing in oligopoly
• Auctions of Shares
• Strategic Spot Trading in Supply Chains
• A Convergence Theorem for Competitive Bidding with Differential Information
• Uncertainty Resolution, Private Information Aggregation and the Cournot Competitive Limit
• The Rate of Convergence to Efficiency in the Buyer's Bid Double Auction as the Market Becomes Large
• Continuous Auctions and Insider Trading
• Information Sharing in Oligopoly
• Information Transmission--Cournot and Bertrand Equilibria
• Exchange of Cost Information in Oligopoly
• Informed Speculation with Imperfect Competition
• Rational Expectations, Information Acquisition, and Competitive Bidding
• The Incentives for Price-Taking Behavior in Large Exchange Economies
• A Bidding Model of Perfect Competition
• Strategic Trading and Welfare in a Dynamic Market
• Convergence to Efficiency in a Simple Market with Incomplete Information
• The Loser's Curse and Information Aggregation in Common Value Auctions
• Supply Function Equilibria in Oligopoly under Uncertainty
• Architecture of Power Markets

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