A simple auctioneerless mechanism with Walrasian properties

DOI10.1016/0022-0531(84)90077-2MaRDI QIDQ790698zbMATH OpenOpenAlexFDO

Authors Mark Walker

Publication date 1984

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

Full work available at URL https://doi.org/10.1016/0022-0531(84)90077-2

zbMATH Keywords

auctioneerless mechanismreallocation of holdingsWalrasian auctioneer

Mathematics Subject Classification ID

General equilibrium theory (91B50)

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Cites work

• scientific article; zbMATH DE number 3722455 (Why is no real title available?)
• scientific article; zbMATH DE number 3402334 (Why is no real title available?)
• A Simple Incentive Compatible Scheme for Attaining Lindahl Allocations
• Approximate Efficiency of Non-Walrasian Nash Equilibria
• Are Groves-Ledyard Equilibria Attainable?
• Complete stability of noncooperative games
• Efficiency in an Atomless Economy with Fiat Money
• Efficiency properties of strategic market games: An axiomatic approach
• Optimal Allocation of Public Goods: A Solution to the "Free Rider" Problem
• Outcome Functions Yielding Walrasian and Lindahl Allocations at Nash Equilibrium Points
• Stability in Noncooperative Games
• Stability of the Gradient Process in n-Person Games
• Walrasian Analysis via Strategic Outcome Functions

Cited in

(10)

• Instability in the implementation of Walrasian allocations
• Simple strategy-proof approximately Walrasian mechanisms
• An augmented Becker-DeGroot-marschak mechanism for transaction cycles
• Implementation in adaptive better-response dynamics: towards a general theory of bounded rationality in mechanisms
• Stable implementation of Lindahl allocations
• The manipulability of the Shapley-value
• Adaptive dynamics and the implementation problem with complete information
• A dominant-strategy asset market mechanism
• Stability of the Groves and Ledyard mechanism
• Designing a strategyproof spot market mechanism with many traders: twenty-two steps to Walrasian equilibrium

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