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Walrasian auction
A Walrasian auction, introduced by Léon Walras, is a type of simultaneous auction where each agent calculates its demand for the good at every possible price and submits this to an auctioneer.
More at Wikipedia
Léon Walras
Walras' law
More related topics
Wholesale markets
Auction theory
General equilibrium and disequilibrium
Mathematical optimization
Economics terminology
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