We study the learning behavior of a population of buyers and a population of sellers whose members are repeatedly randomly matched to engage in a sealed bid double auction. The agents are assumed to be boundedly rational and choose their strategies by imitating successful behavior and adding innovat
✦ LIBER ✦
Competing auctions: Finite markets and convergence
✍ Scribed by Gábor Virág
- Book ID
- 119937637
- Publisher
- The Econometric Society
- Year
- 2010
- Tongue
- English
- Weight
- 302 KB
- Volume
- 5
- Category
- Article
- ISSN
- 1933-6837
- DOI
- 10.3982/te538
No coin nor oath required. For personal study only.
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