Competition May Reduce the Revenue in a First Price Auction with Affiliated Private Values

DOI10.2202/1935-1704.1600zbMath1192.91107OpenAlexW2013902802MaRDI QIDQ3573089

Domenico Menicucci

Publication date: 30 June 2010

Published in: The B.E. Journal of Theoretical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2202/1935-1704.1600

zbMATH Keywords

first price auctionsaffiliation effectaffiliated private values

Mathematics Subject Classification ID

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

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