摘要
本文通过对双边拍卖中线性均衡和一价均衡的介绍,在明确线性均衡效率优于一价均衡的基础上,结合不同成交效率下的成交概率,对两种均衡的总体成交效益(成交效率与成交概率之积)进行了量化,并和完全且完美信息时的总体效益进行比较,提出了改进双边拍卖总体效益的方法和措施。
Based on a comparative introduction of linear equilibrium and one-price equilibrium, this paper makes it clear that the former is better than the latter. And then, by reference to different trade probabilities, the paper analyzes the total trade benefits of the two kinds of auction, contrasts them with the ones under the condition of complete and perfect information, and offers some methods for improving the total benefit.
出处
《管理评论》
2005年第1期58-62,共5页
Management Review
基金
国家自然科学基金面上项目(70371036)
国家自然科学基金优秀研究群体资助项目(70121001)
