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- W1626320886 abstract "We study a simple exchange model in which price is xed and the amount of a good transferred between actors depends only on the actors’ respective budgets and the existence of a link between transacting actors. The model induces a simply-connected but possibly multi-component bipartite graph. A trading session on a xed graph consists of a sequence of exchanges between connected buyers and sellers until no more exchanges are possible. We deem a trading session feasible if all of the buyers satisfy their respective demands. If all trading sessions are feasible the graph is deemed successful, otherwise the feasibility of a trading session depends on the order of the sequence of exchanges. We demonstrate that topology is important for the success of trading sessions on graphs. In particular, for the case that supply equals demand for each component of the graph, we prove that the" @default.
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- W1626320886 title "Sensitivity of the Performance of a Simple Exchange Model to its Topology" @default.
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