The asymptotics of price and strategy in the buyer's bid double auction

DOI10.1007/S10058-023-00338-6MaRDI QIDQ6541995zbMATH OpenFDO

Authors Steven R. Williams, Konstantinos E. Zachariadis

Publication date 21 May 2024

Published in Review of Economic Design (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

zbMATH Keywords

central limit theoremrational expectations equilibriumcommon valuedouble auctioninterdependent value

Mathematics Subject Classification ID

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

Recommendations

• Price discovery using a double auction
• An ascending double auction
• Existence and Convergence of Equilibria in the Buyer's Bid Double Auction
• Existence of equilibrium in large double auctions
• The Rate of Convergence to Efficiency in the Buyer's Bid Double Auction as the Market Becomes Large

Cites work

• scientific article; zbMATH DE number 3357742 (Why is no real title available?)
• Approximation Theorems of Mathematical Statistics
• Competitive rational expectations equilibria without apology
• Convergence to Efficiency in a Simple Market with Incomplete Information
• Distribution of quantiles in samples from a bivariate population
• Efficient mechanisms for bilateral trading
• Ex ante incentive efficient trading mechanisms without the private valuation restriction
• Existence and Convergence of Equilibria in the Buyer's Bid Double Auction
• Existence of equilibrium in large double auctions
• Finite mixture models
• Informed Speculation with Imperfect Competition
• Large auctions with risk-averse bidders
• Price discovery using a double auction
• Strategic supply function competition with private information
• The Rate of Convergence to Efficiency in the Buyer's Bid Double Auction as the Market Becomes Large
• Toward a Strategic Foundation for Rational Expectations Equilibrium

This page was built for publication: The asymptotics of price and strategy in the buyer's bid double auction

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q6541995)