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  • Search: subject:"Interdependent values and noise"
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Commonality 1 Divisible Good Auction 1 Information Aggregation 1 Innovation 1 Interdependent values and noise 1 Link Formation 1 Network 1
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Free 1
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Book / Working Paper 1
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Ollar, Mariann 1 Rostek, Marzena 1
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NET Institute 1
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Information Aggregation and Innovation in Market Design
Ollar, Mariann; Rostek, Marzena - NET Institute - 2011
The literature on information aggregation predicts that market growth unambiguously reduces uncertainty about the value of traded goods. The results were developed within the classical model, which assumes that traders’ values for the exchanged good are determined by fundamental (common)...
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