Auctions of Identical Objects with Single-Unit Demands: a Survey.

The theory of auctions of a single object generalizes to a situation where identical objects are sold either sequentially or simultaneously but individuals can only buy one object. In this context, I will present a survey of the main results regarding the ranking of auctions based on revenue, bidding behaviour, effects of entry fees and reserve prices, and other strategic issues.

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Year of publication:	1999
Authors:	Menezes, F.
Institutions:	Research School of Pacific and Asian Studies, College of Asia and the Pacific
Subject:	AUCTIONS \| PRICES \| RISK

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Series:	Australian National University - Department of Economics.
Type of publication:	Book / Working Paper
Notes:	26 pages
Classification:	D82 - Asymmetric and Private Information ; D44 - Auctions
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005630777