A Geometric Analysis of Gains from Trade
Fuente:
arXiv
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Preprint |
| Published: |
2025
|
| Subjects: | |
| Online Access: | |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1866918119461617664 |
|---|---|
| author | Hartline, Jason Wang, Kangning |
| author_facet | Hartline, Jason Wang, Kangning |
| contents | We provide a geometric proof that the random proposer mechanism is a $4$-approximation to the first-best gains from trade in bilateral exchange. We then refine this geometric analysis to recover the state-of-the-art approximation ratio of $3.15$. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2508_06469 |
| institution | arXiv |
| publishDate | 2025 |
| record_format | arxiv |
| spellingShingle | A Geometric Analysis of Gains from Trade Hartline, Jason Wang, Kangning Computer Science and Game Theory Theoretical Economics We provide a geometric proof that the random proposer mechanism is a $4$-approximation to the first-best gains from trade in bilateral exchange. We then refine this geometric analysis to recover the state-of-the-art approximation ratio of $3.15$. |
| title | A Geometric Analysis of Gains from Trade |
| topic | Computer Science and Game Theory Theoretical Economics |
| url | https://arxiv.org/abs/2508.06469 |