Lebrun, Bernard - In: Games and Economic Behavior 75 (2012) 2, pp. 731-751
In the presence of resale and under more general assumptions than Zhengʼs (2002), implementation of Myersonʼs (1981) optimal allocation with two bidders is achieved through the second-price auction. In a special class of asymmetric n-bidder models, it is achieved through the English auction.