English, Article, Journal or magazine article edition: Perfect Competition in a Bilateral Monopoly Pradeep Dubey; Dieter Sondermann

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/52603
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Perfect Competition in a Bilateral Monopoly
Author
  • Pradeep Dubey
  • Dieter Sondermann
Physical Description
  • preprint
Notes
  • We show that if limit orders are required to vary smoothly, then strategic (Nash) equilibria of the double auction mechanism yield competitive (Walras) allocations. It is not necessary to have competitors on any side of any market: smooth trading is a substitute for price wars. Inparticular, Nash equilibria are Walrasian even in a bilateral monopoly.
  • Limitorders, doubleauction, Nashequilibria, Walras equilibria,perfectcompetition,bilateralmonopoly, mechanism design
  • RePEc:bon:bonedp:bgse26_2003
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment