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Second price allpay auctions (wars of attritions) have an evolutionarily stable equilibrium in pure strategies if …
Persistent link: https://www.econbiz.de/10010312970
Second price allpay auctions (wars of attritions) have an evolutionarily stable equilibrium in pure strategies if …
Persistent link: https://www.econbiz.de/10009189377
In this article, a modelling framework for the information transmission between agents in an evolutionary game setting is proposed. Agents observe traits which reaect past and present behaviour and success of other agents. If agents imitate more successful agents based on these traits, the...
Persistent link: https://www.econbiz.de/10010263086
In this article, a modelling framework for the information transmission between agents in an evolutionary game setting is proposed. Agents observe traits which reaect past and present behaviour and success of other agents. If agents imitate more successful agents based on these traits, the...
Persistent link: https://www.econbiz.de/10004968431
We consider second-price and first-price auctions in the symmetric independent private values framework. We modify the …
Persistent link: https://www.econbiz.de/10010263146
We address the scheduling problem of reordering an existing queue into its efficient order through trade. To that end, we consider individually rational and balanced budget direct and indirect mechanisms. We show that this class of mechanisms allows us to form efficient queues provided that...
Persistent link: https://www.econbiz.de/10010263167
In multi-attribute procurement auctions with multiple objects, the auctioneer may care about the interplay of quality …
Persistent link: https://www.econbiz.de/10010270005
It is commonly assumed in private value auctions that bidders have no information about the realization of the other …
Persistent link: https://www.econbiz.de/10010293376
In multi-attribute procurement auctions with multiple objects, the auctioneer may care about the interplay of quality …
Persistent link: https://www.econbiz.de/10010735013
We consider second-price and first-price auctions in the symmetric independent private values framework. We modify the …
Persistent link: https://www.econbiz.de/10004989626