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  • Search: subject:"allocative fairness"
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Year of publication
Subject
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allocative efficiency 1 allocative fairness 1 allocative neutrality 1 comparison of market institutions 1 market microstructure 1 performance criteria 1
Online availability
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Free 1
Type of publication
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Book / Working Paper 1
Language
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English 1
Author
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LiCalzi, Marco 1 Pellizzari, Paolo 1
Institution
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Dipartimento di Matematica Applicata, Università Ca' Foscari Venezia 1
Published in...
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Working Papers / Dipartimento di Matematica Applicata, Università Ca' Foscari Venezia 1
Source
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RePEc 1
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Which market protocols facilitate fair trading?
LiCalzi, Marco; Pellizzari, Paolo - Dipartimento di Matematica Applicata, Università Ca' … - 2007
We study the performance of four market protocols with regard to their ability to equitably distribute the gains from trade among two groups of participants in an exchange economy. We test the protocols by running (computerized) experiments. Assuming Walrasian tatonemment as benchmark, there is...
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