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- W3162247168 abstract "We study the design of revenue-maximizing bilateral trade mechanisms in the correlated private value environment. We assume the designer only knows the expectations of the agents' values, but knows neither the marginal distribution nor the correlation structure. The performance of a mechanism is evaluated in the worst-case over the uncertainty of joint distributions that are consistent with the known expectations. Among all dominant-strategy incentive compatible and ex-post individually rational mechanisms, we provide a complete characterization of the maxmin trade mechanisms and the worst-case joint distributions." @default.
- W3162247168 created "2021-05-24" @default.
- W3162247168 creator A5050357549 @default.
- W3162247168 date "2021-05-12" @default.
- W3162247168 modified "2023-09-23" @default.
- W3162247168 title "Robust Bilateral Trade Mechanisms with Known Expectations" @default.
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