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- W2116981497 abstract "It is shown with an example that, in bilateral trade problems with two-sided incomplete information, some seller types may obtain higher expected payoffs in mechanisms other than the one where they make a take-it-or-leave-it offer, contrary to popular belief. If one looks at the mechanism selection problem of the (informed) seller, then the optimality of a take-it-or-leave-it offer for the seller is restored. Journal of Economic Literature Classification Numbers: C72, C78, D82." @default.
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- W2116981497 date "1999-07-01" @default.
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- W2116981497 title "A Note on the Seller's Optimal Mechanism in Bilateral Trade with Two-Sided Incomplete Information" @default.
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- W2116981497 doi "https://doi.org/10.1006/jeth.1999.2532" @default.
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