Substitute goods, auctions, and equilibrium

DOI10.1016/J.JET.2008.05.002MaRDI QIDQ1001822zbMATH OpenOpenAlexDBLPWikidataFDO

Authors Bruno Strulovici, Paul R. Milgrom

Publication date 19 February 2009

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jet.2008.05.002

zbMATH Keywords

gross substituteslaw of aggregate demandpseudo-equilibriumTâtonnement

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) General equilibrium theory (91B50)

Recommendations

• Equilibrium, auction, and generalized gross substitutes and complements
• Walrasian equilibrium with gross substitutes
• Full substitutability
• Gross substitutes and complements: a simple generalization
• Gross substitutability: an algorithmic survey

Cites work

• Combinatorial optimization. Theory and algorithms
• Competitive equilibrium in an exchange economy with indivisibilities
• Envelope Theorems for Arbitrary Choice Sets
• scientific article; zbMATH DE number 3281211 (Why is no real title available?)
• scientific article; zbMATH DE number 3323651 (Why is no real title available?)
• scientific article; zbMATH DE number 3326329 (Why is no real title available?)
• scientific article; zbMATH DE number 3365044 (Why is no real title available?)
• Indefinite knowledge about an object and accuracy of its recovery methods
• Job Matching, Coalition Formation, and Gross Substitutes
• The English auction with differentiated commodities
• Walrasian equilibrium with gross substitutes

Cited in

(24)

• Time bounds for iterative auctions: a unified approach by discrete convex analysis
• Procuring substitutes with (fine-tuned) first-price auctions
• Lone wolves in competitive equilibria
• On the expressiveness of assignment messages
• Gross substitutes and complements: a simple generalization
• Learning strong substitutes demand via queries
• Identifying combinatorial valuations from aggregate demand
• scientific article; zbMATH DE number 1225283 (Why is no real title available?)
• Consumer Substitution Effects under Full Industry Equilibrium
• Core pricing in combinatorial exchanges with financially constrained buyers: computational hardness and algorithmic solutions
• First price package auction with many traders
• A fast double greedy algorithm for non-monotone DR-submodular function maximization
• When Walras meets Vickrey
• Walrasian equilibria from an optimization perspective: A guide to the literature
• A single factor approximation ratio algorithm for DR-submodular maximization on integer lattice beyond non-negativity and monotonicity
• Strong substitutes: structural properties, and a new algorithm for competitive equilibrium prices
• Characterization and algorithm for bivariate multi-unit assignment valuations
• Solving strong-substitutes product-mix auctions
• Optimal strategy against straightforward bidding in clock auctions
• Monotonicity of extremal Walrasian prices in gross substitutes markets
• A Walrasian mechanism with markups for nonconvex markets
• Reallocative auctions and core selection
• Steepest descent algorithm for M-convex function minimization using long step length
• The economics of equilibrium with indivisible goods

This page was built for publication: Substitute goods, auctions, and equilibrium

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1001822)