Myerson–Satterthwaite theorem
id:
myerson-satterthwaite-theorem-249-11943241
title:
Myerson–Satterthwaite theorem
text:
The Myerson–Satterthwaite theorem is an important result in mechanism design and the economics of asymmetric information, and named for Roger Myerson and Mark Satterthwaite. Informally, the result says that there is no efficient way for two parties to trade a good when they each have secret and probabilistically varying valuations for it, without the risk of forcing one party to trade at a loss. The Myerson–Satterthwaite theorem is among the most remarkable and universally applicable negative re
brand slug:
wiki
category slug:
encyclopedia
description:
Result in mechanism design and economics of asymmetric information
original url:
https://en.wikipedia.org/wiki/Myerson%E2%80%93Satterthwaite_theorem
date created:
date modified:
2024-01-02T22:30:45Z
main entity:
{"identifier":"Q6947442","url":"https://www.wikidata.org/entity/Q6947442"}
image:
fields total:
13
integrity:
14