The broker-optimal bilateral trading mechanisms with linear contracts

DOI10.1016/J.ECONLET.2021.110055MaRDI QIDQ2236248zbMATH OpenOpenAlexFDO

Authors Lijun Pan, Dazhong Wang

Publication date 22 October 2021

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2021.110055

zbMATH Keywords

bilateral trading mechanismimplementationincentive-compatibilitylinear contractoptimal mechanism

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Recommendations

• Bilateral trading with contingent contracts
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Cites work

• Bilateral trading with contingent contracts
• Costly auction entry, royalty payments, and the optimality of asymmetric designs
• Efficient mechanisms for bilateral trading
• Envelope Theorems for Arbitrary Choice Sets
• Ex Post Information in Auctions
• Implementability with contingent contracts
• Implementation with contingent contracts
• Log-concave probability and its applications
• Optimal equity auctions with heterogeneous bidders
• Optimal equity auctions with two-dimensional types

Cited in

(6)

• Efficient mechanisms for level-\(k\) bilateral trading
• Advice by an informed intermediary: can you trust your broker?
• scientific article; zbMATH DE number 5010825 (Why is no real title available?)
• A brokered market with heterogeneous suppliers and consumers
• Optimal Brokerage Contracts in Almgren–Chriss Model with Multiple Clients
• Bilateral trading with contingent contracts

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