Modularity and greed in double auctions

Paul Dütting, Inbal Talgam-Cohen and Tim Roughgarden

Games and Economic Behavior, 2017, vol. 105, issue C, 59-83

Abstract: Designing double auctions is a complex problem, especially when there are restrictions on the sets of buyers and sellers that may trade with one another. The goal of this paper is to develop a modular approach to the design of double auctions, by relating it to the exhaustively-studied problem of designing one-sided mechanisms with a single seller (or, alternatively, a single buyer).

Keywords: Mechanism design; Double auctions; Trade reduction mechanism; Deferred-acceptance auctions (search for similar items in EconPapers)
JEL-codes: D4 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:105:y:2017:i:c:p:59-83

DOI: 10.1016/j.geb.2017.06.008

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