Optimal bidding in a uniform price auction with multi-unit demand

被引:5
作者
Draaisma, T [1 ]
Noussair, C [1 ]
机构
[1] PURDUE UNIV,KRANNERT SCH MANAGEMENT,DEPT ECON,W LAFAYETTE,IN 47907
关键词
auction; multi-unit auction; sealed bid; uniform price;
D O I
10.1016/S0165-1765(97)81894-0
中图分类号
F [经济];
学科分类号
02 ;
摘要
We partially characterize a class of symmetric, monotonic, Bayes-Nash equilibria to a uniform-price sealed-bid auction in an environment in which each demander wishes to purchase multiple units. (C) 1997 Elsevier Science S.A.
引用
收藏
页码:157 / 162
页数:6
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ECONOMIC THEORY, 1995, 5 (02) :337-351