Title of article
Sequential auctions with synergies: An example
Author/Authors
Branco ، نويسنده , , Fernando ، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1997
Pages
5
From page
159
To page
163
Abstract
An equilibrium in an example of a two unit sequential ascending price auction where some bidders have superadditive values is presented. The equilibrium is in pure strategies. In equilibrium the expected price declines from the first to the second auction
Keywords
Declining price anomaly , Sequential Auctions
Journal title
Economics Letters
Serial Year
1997
Journal title
Economics Letters
Record number
434265
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