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On some myths about sequenced common-value auctions

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Publication:1268642
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DOI10.1006/GAME.1997.0628zbMath0911.90128OpenAlexW2078290668MaRDI QIDQ1268642

Robert W. Rosenthal, Maria Angeles de Frutos

Publication date: 5 May 1999

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10016/4418


zbMATH Keywords

identical common-valued objectssequenced second-price auctions


Mathematics Subject Classification ID

Other game-theoretic models (91A40) Auctions, bargaining, bidding and selling, and other market models (91B26)


Related Items (5)

Auctioning bulk mobile messages ⋮ Information feedback in a dynamic tournament ⋮ Loss aversion in sequential auctions ⋮ Sequential vs. single-round uniform-price auctions ⋮ Limited liability and high bids in English auctions




Cites Work

  • Reputation in repeated second-price auctions
  • Bottom-fishing and declining prices in sequential auctions
  • Simultaneous auctions with synergies and common values
  • The declining price anomaly
  • Discontinuous Games and Endogenous Sharing Rules
  • A Model in which an Increase in the Number of Sellers Leads to a Higher Price
  • A Theory of Auctions and Competitive Bidding




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