Optimal robust bilateral trade: Risk neutrality

A-Tier
Journal: Journal of Economic Theory
Year: 2016
Volume: 163
Issue: C
Pages: 276-287

Authors (2)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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.

Technical Details

RePEc Handle
repec:eee:jetheo:v:163:y:2016:i:c:p:276-287
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25