کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
956995 928503 2009 25 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
English auctions and the Stolper–Samuelson theorem
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
English auctions and the Stolper–Samuelson theorem
چکیده انگلیسی

We prove that the English auction (with bidders that need not be ex ante identical and may have interdependent valuations) has an efficient ex post equilibrium. We establish this result for environments where it has not been previously obtained. We also prove two versions of the Stolper–Samuelson theorem, one for economies with n goods and n factors, and one for non-square economies. Similar assumptions and methods underlie these seemingly unrelated results.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Theory - Volume 144, Issue 2, March 2009, Pages 825–849
نویسندگان
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