Supatgiat, Chonawee; Birge, John R.; Zhang, Rachel Q. - EconWPA - 2002
We consider non-sealed bid online auctions of common products with quantity uncertainty. Both first-price (also known as pay-as-you-bid) and uniform-price auctions are considered. In these auctions, all bidders have the same valuation of the products but may have different demand quantities. The...