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We study a market in which k identical and indivisible objects are allocated using a uniform-price auction where n k bidders each demand one object. Before the auction, each bidder receives an informative but imperfect signal about the state of the world. The good that is auctioned is a...
Persistent link: https://www.econbiz.de/10010352857
We study a market in which k identical and indivisible objects are allocated using a uniform-price auction where n k bidders each demand one object. Before the auction, each bidder receives an informative but imperfect signal about the state of the world. The good that is auctioned is a...
Persistent link: https://www.econbiz.de/10010580974
Persistent link: https://www.econbiz.de/10015072120