Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10001499731
Persistent link: https://www.econbiz.de/10000956056
Persistent link: https://www.econbiz.de/10001471761
Persistent link: https://www.econbiz.de/10009492539
Persistent link: https://www.econbiz.de/10010343546
Persistent link: https://www.econbiz.de/10011292428
Persistent link: https://www.econbiz.de/10013364414
While auction research, including asymmetric auctions, has grown significantly in recent years, there is still little analytical solutions of first-price auctions outside the symmetric case. Even in the uniform case, Griesmer et al. (1967) and Plum (1992) find solutions only to the case where...
Persistent link: https://www.econbiz.de/10012731505
In the framework of a first-price private-value auction, we study the seller as a player in a game with the buyers in which he has private information about their realized valuations. We find that depending upon his information, set of signals, and commitment power, he may strategically transmit...
Persistent link: https://www.econbiz.de/10014151885