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Affiliation 1 Common value auctions 1 Ex-post equilibrium 1 The linkage principle 1 Winner’s curse 1
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Trifunović, Dejan 1
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Economic Annals 1
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SINGLE OBJECT AUCTIONS WITH INTERDEPENDENT VALUES
Trifunović, Dejan - In: Economic Annals 56 (2011) 188, pp. 125-125
This paper reviews single object auctions when bidders’ values of the object are interdependent. We will see how the auction forms could be ranked in terms of expected revenue when signals that bidders have about the value of the object are affiliated. In the discussion that follows we will...
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