Inefficient ex-post equilibria in efficient auctions

DOI10.1007/S00199-002-0317-4zbMath1044.91018OpenAlexW2065118026MaRDI QIDQ1411102

Oleksii Birulin

Publication date: 16 October 2003

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00199-002-0317-4

zbMATH Keywords

EfficiencyAuctionEx-post equilibriumVCG mechnism

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (3)

Equilibrium selection in common-value second-price auctions ⋮ Ex post implementation ⋮ Equilibrium selection in interdependent value auctions

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