Tan, Guofu (contributor); Yilankaya, Okan (contributor) - 2003 - [Electronische Ressource]
than bidding her valuation. When the bidders
are symmetric, the concavity (respectively, strict convexity) of the
c … participating optimal, she cannot do
better than bidding her valuation. Therefore, we focus on equilibria in which
each bidder uses …’s strategy.
If a bidder finds participating optimal, she cannot do better than bidding
her valuation.
6
Therefore, we focus on …