The English auction is optimal among simple sequential auctions

被引:18
作者
Lopomo, G
机构
[1] Univ Michigan, Dept Econ, Ann Arbor, MI 48109 USA
[2] NYU, Stern Sch Business, New York, NY USA
关键词
D O I
10.1006/jeth.1998.2425
中图分类号
F [经济];
学科分类号
02 ;
摘要
With private and affiliated buyer's values, the English auction maximizes the seller's expected profit within a large family of sequential bidding mechanisms, named "Simple Sequential Auctions." (C) 1998 Academic Press.
引用
收藏
页码:144 / 166
页数:23
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