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On the possibility of efficient bilateral trade

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  • Sanjeev Goyal

Abstract

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Suggested Citation

  • Sanjeev Goyal, 1994. "On the possibility of efficient bilateral trade," Review of Economic Design, Springer;Society for Economic Design, vol. 1(1), pages 79-102, December.
    • Handle: RePEc:spr:reecde:v:1:y:1994:i:1:p:79-102
    DOI: 10.1007/BF02716615
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    References listed on IDEAS

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    1. Philippe Aghion & Patrick Bolton & Christopher Harris & Bruno Jullien, 1991. "Optimal Learning by Experimentation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(4), pages 621-654.
    2. Blume, Lawrence E. & Easley, David, 1982. "Learning to be rational," Journal of Economic Theory, Elsevier, vol. 26(2), pages 340-351, April.
    3. Jordan, J. S., 1991. "Bayesian learning in normal form games," Games and Economic Behavior, Elsevier, vol. 3(1), pages 60-81, February.
    4. Wolinsky, Asher, 1990. "Information Revelation in a Market with Pairwise Meetings," Econometrica, Econometric Society, vol. 58(1), pages 1-23, January.
    5. d'Aspremont, Claude & Gerard-Varet, Louis-Andre, 1979. "Incentives and incomplete information," Journal of Public Economics, Elsevier, vol. 11(1), pages 25-45, February.
    6. Robert Wilson, 1977. "A Bidding Model of Perfect Competition," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(3), pages 511-518.
    7. Lawrence M. Ausubel & Raymond J. Deneckere, 1993. "Efficient Sequential Bargaining," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 60(2), pages 435-461.
    8. Lawrence Blume & David Easley, 1993. "Rational Expectations and Rational Learning," Game Theory and Information 9307003, University Library of Munich, Germany.
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    More about this item

    Keywords

    Bilateral bargaining; Learning; Ex post efficiency; C78; D82; D83;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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