Bose, Subir; Daripa, Arup - In: Journal of Economic Theory 144 (2009) 5, pp. 2084-2114
We study the question of auction design in an IPV setting characterized by ambiguity. We assume that the preferences of agents exhibit ambiguity aversion; in particular, they are represented by the epsilon-contamination model. We show that a simple variation of a discrete Dutch auction can...