Buyer-offering mechanisms with reserve prices achieve a 0.746-approximation to welfare in bilateral trade, surpassing fixed-price limits.
and Zhao, Mingfei , title =
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Welfare Maximization in Bilateral Trade: Improved Approximation Guarantees Beyond the Fixed Price Barrier
Buyer-offering mechanisms with reserve prices achieve a 0.746-approximation to welfare in bilateral trade, surpassing fixed-price limits.