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The limit-price mechanism

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  • Mertens, J. F.

Abstract

We extend the "double auction" mechanism to a multi-commodity setup, or alternatively Shapley's "window"-mechanism to allow for limit orders.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Mertens, J. F., 2003. "The limit-price mechanism," Journal of Mathematical Economics, Elsevier, vol. 39(5-6), pages 433-528, July.
    • Handle: RePEc:eee:mateco:v:39:y:2003:i:5-6:p:433-528
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    References listed on IDEAS

    as
    1. Mas-Colell, Andreu, 1989. "An equivalence theorem for a bargaining set," Journal of Mathematical Economics, Elsevier, vol. 18(2), pages 129-139, April.
    2. McLennan, Andrew, 1989. "The Space of Conditional Systems is a Ball," International Journal of Game Theory, Springer;Game Theory Society, vol. 18(2), pages 125-139.
    3. MERTENS, Jean-François, 1980. "Values and derivatives," LIDAM Reprints CORE 435, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
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    6. Robert B. Wilson, 2021. "Strategic Analysis of Auctions," Econometrica, Econometric Society, vol. 89(2), pages 555-561, March.
    7. Shapley, Lloyd S & Shubik, Martin, 1977. "Trade Using One Commodity as a Means of Payment," Journal of Political Economy, University of Chicago Press, vol. 85(5), pages 937-968, October.
    8. Dubey, Pradeep & Sahi, Siddhartha, 2003. "Price-mediated trade with quantity signals: an axiomatic approach," Journal of Mathematical Economics, Elsevier, vol. 39(5-6), pages 377-389, July.
    9. Forges, Francoise M, 1986. "An Approach to Communication Equilibria," Econometrica, Econometric Society, vol. 54(6), pages 1375-1385, November.
    10. Jean-François Mertens, 1980. "Values and Derivatives," Mathematics of Operations Research, INFORMS, vol. 5(4), pages 523-552, November.
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