Buy-price English auction

DOI10.1016/j.jet.2004.11.009zbMath1132.91445OpenAlexW2020583052MaRDI QIDQ2496781

Zoltán Hidvégi, Andrew B. Whinston, Wen-Li Wang

Publication date: 20 July 2006

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

Full work available at URL: https://doi.org/10.1016/j.jet.2004.11.009

zbMATH Keywords

auctionsrisk aversionbuy pricerevenue equivalence

Mathematics Subject Classification ID

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

Related Items

Upgrade auctions in build-to-order manufacturing with loss-averse customers ⋮ Rejection prices and an auctioneer with non-monotonic utility ⋮ The buy price in auctions with discrete type distributions ⋮ Pre-auction offers in asymmetric first-price and second-price auctions ⋮ Dual mechanism for an online retailer ⋮ Analysis and design for multi-unit online auctions ⋮ Internet auctions with a temporary buyout option ⋮ On the choice of obtaining and disclosing the common value in auctions ⋮ Optimal sale across venues and auctions with a buy-now option ⋮ Auctions with a buy price: the case of reference-dependent preferences ⋮ Competition in online markets with auctions and posted prices

Cites Work

• The impact of discounting on an auction with a buyout option: a theoretical analysis motivated by eBay's buy-it-now feature
• Optimal Auctions with Risk Averse Buyers
• Optimal Auction Design
• Buy prices in online auctions: Irrationality on the internet?