Arozamena, Leandro; Shunda, Nicholas; Weinschelbaum, … - In: Economics Bulletin 34 (2014) 1, pp. 252-262
In many auction settings, there is favoritism: the seller's welfare depends positively on the utility of a subset of … nondiscriminatory auction in a private value, single-unit model under favoritism. At the optimal auction there is a reserve price, or an …