Uniqueness of the Equilibrium in First-Price Auctions

If the value cumulative distribution functions are log-concave at the highest lower extremity of their supports of the first-price auction in the asymmetric indepent private values model.

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Year of publication:	2004-05
Authors:	Lebrun, Bernard
Institutions:	Department of Economics, York University

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Series:	Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 1 48 pages
Classification:	D44 - Auctions
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005435822