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Random competitive exchange: Price distributions and gains from trade

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Publication:1067979
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DOI10.1016/0022-0531(85)90092-4zbMath0579.90011OpenAlexW2032514946MaRDI QIDQ1067979

Haim Mendelson

Publication date: 1985

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(85)90092-4


zbMATH Keywords

price distributionuncertain preferencescompetitive exchangeexpected asymptotic gains from tradeexplicit closed-form resultsrandom indivisible endowments


Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) General equilibrium theory (91B50)


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Cites Work

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  • Quantile-preserving spread
  • Optimal denominations for coins and currency
  • The assignment game. I: The core
  • Incentive Efficiency of Double Auctions
  • Walrasian Analysis via Strategic Outcome Functions
  • Price-Quantity Strategic Market Games
  • Market Behavior in a Clearing House
  • Competitive Exchange
  • A Limit Theorem on the Core of an Economy
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