• Title of article

    A note on low-price menu auctions

  • Author/Authors

    G. Rapisarda، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2004
  • Pages
    4
  • From page
    343
  • To page
    346
  • Abstract
    In N–bidder, private value “low-price” menu auctions with a unique truthful equilibrium, a revenue-maximising auctioneer is never worse off excluding one bidder from getting any award. This holds even if the exclusion does not involve any supply restriction
  • Keywords
    Menu auction , Marginal contribution
  • Journal title
    Economics Letters
  • Serial Year
    2004
  • Journal title
    Economics Letters
  • Record number

    435428