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

DOI10.1007/S10058-023-00338-6zbMATH Open1537.9112MaRDI QIDQ6541995FDOQ6541995

Authors: Steven R. Williams, Konstantinos E. Zachariadis 

Publication date: 21 May 2024

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

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

zbMATH Keywords

central limit theoremrational expectations equilibriumcommon valuedouble auctioninterdependent value

Mathematics Subject Classification ID

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

Cites Work

• Approximation Theorems of Mathematical Statistics
• Finite mixture models
• Title not available (Why is that?)
• Competitive rational expectations equilibria without apology
• Strategic supply function competition with private information
• Informed Speculation with Imperfect Competition
• Efficient mechanisms for bilateral trading
• Distribution of quantiles in samples from a bivariate population
• Toward a Strategic Foundation for Rational Expectations Equilibrium
• Ex ante incentive efficient trading mechanisms without the private valuation restriction
• Large auctions with risk-averse bidders
• The Rate of Convergence to Efficiency in the Buyer's Bid Double Auction as the Market Becomes Large
• Existence of equilibrium in large double auctions
• Convergence to Efficiency in a Simple Market with Incomplete Information
• Existence and Convergence of Equilibria in the Buyer's Bid Double Auction
• Price discovery using a double auction

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)