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bilateral-trade

topic1 events
papersSEP 11 04:00 UTC

Paper Shows Minimax Regret Possible in Bilateral Trade with Heavy-Tailed Valuations

A new arXiv paper examines contextual bilateral trade where the posted price does not influence which valuations the seller observes. The authors prove that this action-independent feedback structure removes the polynomial adaptation penalty previously associated with heavy-tailed valuation distributions. The result yields minimax regret guarantees without requiring a variance bound.

research/arxiv/economics/theory