Kittsteiner, Thomas; Nikutta, Jörg; Winter, Eyal - In: International Journal of Game Theory 33 (2004) 1, pp. 89-106
We analyze an independent private values model where a number of objects are sold in sequential first- and second-price auctions. Bidders have unit demand and their valuation for an object is decreasing in the rank number of the auction in which it is sold. We derive efficient equilibria if...