breaks down and that in contrast to
the standard auction theory, multi-sourcing, rationing, and other means to soften … longer inefficient. In a second step, we extend our analysis to international trade
theory and show that the practice of … . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62
4 An extension to international trade theory 64
4.1 Introduction …