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Gains-from-Trade in Bilateral Trade with a Broker
I Hajiaghayi, MT Hajiaghayi, G Peng, S Shin - … of the 2025 Annual ACM-SIAM …, 2025 - SIAM
We study bilateral trade with a broker, where a buyer and seller interact exclusively through
the broker. The broker strategically maximizes her payoff through arbitrage by trading with …
the broker. The broker strategically maximizes her payoff through arbitrage by trading with …
Approximately Efficient Bilateral Trade with Samples
We study the social efficiency of bilateral trade between a seller and a buyer. In the classical
Bayesian setting, the celebrated Myerson-Satterthwaite impossibility theorem states that no …
Bayesian setting, the celebrated Myerson-Satterthwaite impossibility theorem states that no …