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The Number of Traders Required to Make a Market Competitive: The Beginnings of a Theory

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  • Thomas A. Gresik
  • Mark A. Satterthwaite

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  • Thomas A. Gresik & Mark A. Satterthwaite, 1983. "The Number of Traders Required to Make a Market Competitive: The Beginnings of a Theory," Discussion Papers 551, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  • Handle: RePEc:nwu:cmsems:551
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    File URL: http://www.kellogg.northwestern.edu/research/math/papers/551.pdf
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    Cited by:

    1. Peter Cramton, 1985. "Sequential Bargaining Mechanisms," Papers of Peter Cramton 85roth, University of Maryland, Department of Economics - Peter Cramton, revised 09 Jun 1998.
    2. Flesch, János & Schröder, Marc & Vermeulen, Dries, 2016. "Implementable and ex-post IR rules in bilateral trading with discrete values," Mathematical Social Sciences, Elsevier, vol. 84(C), pages 68-75.
    3. Flesch, J. & Schröder, M.J.W. & Vermeulen, A.J., 2013. "The bilateral trade model in a discrete setting," Research Memorandum 025, Maastricht University, Graduate School of Business and Economics (GSBE).
    4. Thomas A. Gresik & Mark A. Satterthwaite, 1985. "The Rate At Which a Simple Market Becomes Efficient as the Number of Traders Increases: An Asymptotic Result for Optimal Trading Mechanisms," Discussion Papers 708, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    5. Widmer, Tobias & Leukel, Joerg, 2016. "Efficiency of electronic service allocation with privately known quality," European Journal of Operational Research, Elsevier, vol. 255(3), pages 856-868.

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