Journal article

The deficit on each trade in a Vickrey double auction is at least as large as the Walrasian price gap

Simon Loertscher, Claudio Mezzetti

Journal of Mathematical Economics | ELSEVIER SCIENCE SA | Published : 2019

University of Melbourne Researchers


Awarded by Australian Research Council

Funding Acknowledgements

Mezzetti's work was funded in part by Australian Research Council grant DP120102697. Bing Liu provided outstanding research assistance. Financial support by the Samuel and June Hordern Endowment is also gratefully acknowledged.