Loertscher, Simon; Niedermayer, Andras - Center for Mathematical Studies in Economics and … - 2008
, USA.
Email: a-niedermayer@kellogg.northwestern.edu.
1
1 INTRODUCTION 2
Keywords: brokers, applied mechanism design … a mechanism design
perspective exists.9 The purpose of this paper is to start filling this gap and to improve
economists …
endogenous outcome of a mechanism design problem that depends on the distributions of
Chen and Ritter (2000).
4See Sotheby …