In open internet auctions with deadlines, some bids made near the deadline are randomly lost. Roth and coauthors have demonstrated via full-information examples that multiple bidders bidding late can nevertheless be equilibrium behavior, as the cost to one bidder of a lost bid can be outweighed...

We examine the efficiency and revenue properties of an asymmetric discriminatory auction with two bidders and two objects. While inefficient, a discriminatory auction may result in higher expected revenue than the efficient Vickrey auction