Title of article
Auctions with endogenous entry
Author/Authors
Indranil Chakraborty، نويسنده , , Georgia Kosmopoulou، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2001
Pages
6
From page
195
To page
200
Abstract
Predictions from auction models with endogenous bidder participation depend on whether entry takes place under asymmetric information or not. Auctions that are not revenue equivalent in the former set up may be so in the latter. Moreover, under asymmetric information the social planner does not discourage entry even when the bid preparation cost is large.
Keywords
Auctions , Entry
Journal title
Economics Letters
Serial Year
2001
Journal title
Economics Letters
Record number
434816
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