Simultaneous Auctions with Synergies and Common Values

作者: Robert W. Rosenthal , Ruqu Wang

DOI: 10.1006/GAME.1996.0093

关键词:

摘要: Abstract In this paper, we study a simultaneous-auction model with synergies, common values, and overlapping interests. We construct strategies in which bidders of different types randomize over bid intervals provide necessary sufficient conditions for such to form symmetric equilibria. Questions about seller's revenue efficiency are addressed. Journal Economic Literature Classification Number: D44.

参考文章(0)