The rate at which a simple market converges to efficiency as the number of traders increases: An asymptotic result for optimal trading mechanisms (Q1121150)
From MaRDI portal
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | The rate at which a simple market converges to efficiency as the number of traders increases: An asymptotic result for optimal trading mechanisms |
scientific article |
Statements
The rate at which a simple market converges to efficiency as the number of traders increases: An asymptotic result for optimal trading mechanisms (English)
0 references
1989
0 references
Private information
0 references
independent, private-values market
0 references
trading mechanisms
0 references
ex post efficient allocations
0 references
0 references
0 references
