Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10005409247
Persistent link: https://www.econbiz.de/10005413861
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.
Persistent link: https://www.econbiz.de/10011049822