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Optimal bilateral trade of multiple objects. (English) Zbl 1208.91086
Summary: We study a private-values buyer-seller problem with multiple objects. Valuations are binary and i.i.d. We construct mechanisms that span the set of all Pareto-efficient outcomes. The induced trading rules for objects are linked in a simple way.
MSC:
91B60 Trade models
91B26 Auctions, bargaining, bidding and selling, and other market models
91B70 Stochastic models in economics
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