English auctions and the Stolper-Samuelson theorem

A-Tier
Journal: Journal of Economic Theory
Year: 2009
Volume: 144
Issue: 2
Pages: 825-849

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

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

Abstract

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.

Technical Details

RePEc Handle
repec:eee:jetheo:v:144:y:2009:i:2:p:825-849
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25