Showing 1 - 1 of 1
In this paper, we seek to determine if auctions can be used to select players according to their level-k types. To do so, we embed auctions into the p-beauty contest game. We find that by using different designs, we can get the auction winners to be either the lower level-k types or the higher...
Persistent link: https://www.econbiz.de/10015265125