Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
956673 | Journal of Economic Theory | 2016 | 12 Pages |
Abstract
A risk neutral seller and buyer with private information bargain over an indivisible item. We prove that optimal robust bilateral trade mechanisms are payoff equivalent to non-wasteful randomized posted prices.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jernej Čopič, Clara Ponsatí,