Elbittar, Alexander; Di Giannatale, Sonia B. - Centro de Investigación y Docencia Económicas (CIDE) - 2010
’s Dilemma. One of them is proposed by Moore (1992) and the other by Perry and Reny (1999). The objective of each mechanism is to …. Our results show that the Perry and Reny’s mechanism performs on average as well as the Moore’s mechanism allocating the …-clock auction, the Perry and Reny’s mechanism performs significantly better than the Moore’s mechanism. …