Substitute Goods, Auctions, and Equilibrium - Stanford …
https://web.stanford.edu/~milgrom/WorkingPapers/Substitutes%2008May28.pdf
WebMay 28, 2008 · When goods are divisible, weak substitutes along with concavity guaran-tees all of the above properties, except for the law of aggregate demand. JEL Classification: D44, C62. Keywords: Gross substitutes, tˆatonnement, Pseudo-Equilibrium, Law of Aggregate De-mand.
DA: 91 PA: 15 MOZ Rank: 13