Equilibrium of affiliated value second price auctions with financially constrained bidders: The two-bidder case

被引：23

作者：

Fang, HM

Parreiras, SO

机构：

[1] Yale Univ, Dept Econ, New Haven, CT 06520 USA

[2] Univ N Carolina, Dept Econ, Chapel Hill, NC 27599 USA

来源：

GAMES AND ECONOMIC BEHAVIOR | 2002年 / 39卷 / 02期

关键词：

D O I：

10.1006/game.2001.0896

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We study affiliated value second price auctions with two financially constrained bidders. We prove the existence of a symmetric equilibrium under quite general conditions. Comparative static results are provided. (C) 2002 Elsevier Science (USA).

引用

页码：215 / 236

页数：22

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