By Rob Knies, Managing Editor, Microsoft Research It’s a presidential election year in the United States, and that, we’ve learned, means that pollsters are on the prowl. The electorate for the forthcoming balloting will be…
A presentation from the Games, Networks and Markets event held in Cambridge UK between 28-29 June 2012.
We study a dynamic market with asymmetric information that induces the lemons problem. We compare efficiency of the market under different assumption about the timing of trade. We show that there generally exist conditions under…