Showing 1 - 10 of 511
This paper explores the consequences of information in sealed bid first price auctions. For a given symmetric and …
Persistent link: https://www.econbiz.de/10013017815
We explore the impact of private information in sealed-bid first-price auctions. For a given symmetric and arbitrarily …
Persistent link: https://www.econbiz.de/10012992717
We explore the impact of private information in sealed-bid first-price auctions. For a given symmetric and arbitrarily …
Persistent link: https://www.econbiz.de/10013004045
We explore the impact of private information in sealed-bid first-price auctions. For a given symmetric and arbitrarily …
Persistent link: https://www.econbiz.de/10012982245
We explore the impact of private information in sealed bid first price auctions. For a given symmetric and arbitrarily …
Persistent link: https://www.econbiz.de/10013011350
uncertainty of type spaces. The results are illustrated in second-price auctions, first-price auctions and Bertrand duopolies …
Persistent link: https://www.econbiz.de/10013142432
uncertainty of type spaces. The results are illustrated in second-price auctions, first-price auctions and Bertrand duopolies …
Persistent link: https://www.econbiz.de/10008688967
This paper derives sufficient conditions for a class of games of incomplete information, such as first price auctions …-price, private value auctions with potentially heterogeneous, risk-averse bidders, with either independent or affiliated values, and … with reserve prices which may differ across bidders; mineral rights auctions with two heterogeneous bidders and affiliated …
Persistent link: https://www.econbiz.de/10014046578
We characterize revenue maximizing auctions when the bidders are intermediaries who wish to resell the good. The …
Persistent link: https://www.econbiz.de/10012949875
than one at a random price. By contrast, standard auctions that allocate to the bidder with the highest signal (e.g., the … first-price, second-price or English auctions) deliver lower revenue because of the adverse selection generated by the …
Persistent link: https://www.econbiz.de/10011948704