The Efficiency of Real-World Bargaining: Evidence from Wholesale Used-Auto Auctions
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https://www.nber.org/papers/w20431
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This study empirically quantifies the efficiency of a real-world bargaining game with two-sided incomplete information. Myerson and Satterthwaite (1983) and Williams (1987) derived the theoretical ex-ante efficient frontier for bilateral trade under two-sided uncertainty and demonstrated that it
本研究基于实证分析，量化了双边不完全信息下真实议价博弈的效率水平。迈尔森与萨特思韦特（Myerson and Satterthwaite, 1983）、威廉姆斯（Williams, 1987）推导得出双边不确定性条件下双边贸易的理论事前有效前沿（ex-ante efficient frontier），并证明了该前沿
提供机构：
美国国家经济研究局
创建时间：
2014-08-01
