arXiv (All)
open access
The Exact Approximation Ratio of the Optimal Fixed-Price Mechanism in Bilateral Trade
Prior work placed the worst-case welfare ratio of the optimal fixed-price mechanism for bilateral trade in the interval [0.7292,0.73805]. We determine the ratio exactly as \[ α_{\mathrm{FP}}=0.7380243357\ldots, \] characterized by the unique root of an explicit one-dimensional equation. The proof
Conceptio Open Archive
Analyze & explore related research in Conceptio
Connect this record directly into your research workflow or AI agent. Explore citations across open repositories, query full text, and export structured proof bundles.
This document is indexed with metadata only: full text is not available in the archive for this record. Open the official source ↗
Related documents
- 16 U.S.C. § 460f — Notice and method of sale; price; conveyance#571240
- 48 CFR Part 1417 — Special Contracting Methods#511320
- Optimal Standardization in the Law of Property: The Numerus Clausus Principle#485732
- Optimal Standardization in the Law of Property: The Numerus Clausus Principle#479549
- Fundamental methods of mathematical economics#490566
Record · ID 1064422
Retrieved via Conceptio: every document is proof-bundled with source, license, and retrieval metadata.
Retrieved via Conceptio: every document is proof-bundled with source, license, and retrieval metadata.
Bring this data into your agent: Connect via MCP or API · 20 free credits to start · no card required
Read the Docs → · View CLI source on GitHub · Conceptio Open Knowledge Archive
Read the Docs → · View CLI source on GitHub · Conceptio Open Knowledge Archive