Bapna, Ravi; Dellarocas, Chrysanthos; Rice, Sarah - In: Management Science 56 (2010) 7, pp. 1074-1092
We study settings where a number of sellers simultaneously offer vertically differentiated Vickrey auctions for … strategy profiles where bidders place positive bids in all available auctions. Higher bidder types tend to follow more targeted … strategies, focusing their "serious" bids on fewer and, generally, higher quality auctions. The nature of the bidding equilibria …