Title of article
Auctions of divisible goods with endogenous supply
Author/Authors
Back، Kerry نويسنده , , Zender، Jaime F. نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2001
Pages
-28
From page
29
To page
0
Abstract
Uniform-price auctions are studied in which the seller may cancel part of the supply after observing the bids. This feature eliminates many of the `collusive seemingʹ equilibria of the auction. In equilibrium the seller always sells the full quantity.
Keywords
Directional , Distance , Function , translation , Homotheticity
Journal title
Economics Letters
Serial Year
2001
Journal title
Economics Letters
Record number
21741
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