Successful uninformed bidding

DOI10.1016/j.geb.2003.09.002zbMath1085.91021OpenAlexW2571875626MaRDI QIDQ705943

Ángel Hernando-Veciana

Publication date: 16 February 2005

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

Full work available at URL: http://dro.dur.ac.uk/25363/1/25363.pdf

zbMATH Keywords

Asymmetric biddersCommon valueMulti-unit auctions

Mathematics Subject Classification ID

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

Related Items

Information acquisition in auctions: Sealed bids vs. open bids, Private value perturbations and informational advantage in common value auctions, Risky procurement with an insider bidder

Cites Work

• Symmetric bidding in second-price, common-value auctions
• A sequential auction involving asymmetrically-informed bidders
• The value of information in a sealed-bid auction
• Competitive bidding and proprietary information
• Equilibria in open common value auctions
• Rational Expectations, Information Acquisition, and Competitive Bidding
• Optimal Auction Design
• The Loser's Curse and Information Aggregation in Common Value Auctions