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  • Search: subject:"joint ex-post efficiency"
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Subject
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ex-ante robustness 1 ex-post renegotiation-proofness 1 first-price menu auctions 1 interdependent values 1 joint ex-post efficiency 1 monotone equilibria 1 procurement 1
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Free 1
Type of publication
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Book / Working Paper 1
Language
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English 1
Author
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Han, Seungjin 1
Institution
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Department of Economics, McMaster University 1
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Department of Economics Working Papers / Department of Economics, McMaster University 1
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RePEc 1
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Non-Committed Procurement under Intricate Uncertainty
Han, Seungjin - Department of Economics, McMaster University - 2010
This paper studies asymmetric first-price menu auctions in the procurement environment where the buyer does not commit to a decision rule and asymmetric sellers have interdependent costs and statistically affiliated signals. Sellers compete in bidding a menu of contracts, where a contract...
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