TY - GEN
T1 - Exchange markets
T2 - 9th International Conference on Web and Internet Economics, WINE 2013
AU - Mehta, Ruta
AU - Sohoni, Milind
PY - 2013
Y1 - 2013
N2 - The exchange market model, proposed by Leon Walras (1874), has been studied extensively since more than a century due to its immense practical relevance [8,14]. The two implicit assumptions in this model are that agents behave truthfully, and are unaware of the total supply of goods in the market. In this paper we study exchange markets, with each of these assumptions dropped separately, and establish a surprising connection between their solutions.
AB - The exchange market model, proposed by Leon Walras (1874), has been studied extensively since more than a century due to its immense practical relevance [8,14]. The two implicit assumptions in this model are that agents behave truthfully, and are unaware of the total supply of goods in the market. In this paper we study exchange markets, with each of these assumptions dropped separately, and establish a surprising connection between their solutions.
UR - http://www.scopus.com/inward/record.url?scp=84893088659&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84893088659&partnerID=8YFLogxK
U2 - 10.1007/978-3-642-45046-4_29
DO - 10.1007/978-3-642-45046-4_29
M3 - Conference contribution
AN - SCOPUS:84893088659
SN - 9783642450457
T3 - Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
SP - 361
EP - 362
BT - Web and Internet Economics - 9th International Conference, WINE 2013, Proceedings
Y2 - 11 December 2013 through 14 December 2013
ER -