Revenues in discrete multi-unit, common value auctions : a study of three sealed-bid mechanisms
This paper proposes a discrete bidding model for both quantities and pricing. It has a two-unit demand environment where subjects bid for contracts with an unknown redemption value, common to all bidders. Prior to bidding, the bidders receive private signals of information on the (common) value. The...
| Main Author: | |
|---|---|
| Format: | article |
| Language: | eng |
| Published: |
2018
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10400.5/15587 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/15587 |