2 citations · 2 across the 3 of their papers we have counts for
3 papers
econ.TH2022
Competitive equilibrium and the double auction
Itzhak Rasooly
In this paper, we revisit the common claim that double auctions necessarily generate competitive equilibria. We begin by observing that competitive equilibrium has some counterintu…
econ.GN2021
Going... going... wrong: a test of the level-k (and cognitive hierarchy) models of bidding behaviour
Itzhak Rasooly
In this paper, we design and implement an experiment aimed at testing the level-k model of auctions. We begin by asking which (simple) environments can best disentangle the level-k…
econ.TH2020★ 2 cited
The importance of being discrete: on the inaccuracy of continuous approximations in auction theory
Itzhak Rasooly, Carlos Gavidia-Calderon
While auction theory views bids and valuations as continuous variables, real-world auctions are necessarily discrete. In this paper, we use a combination of analytical and computat…