• Title of article

    Auction form preference and inefficiency of asymmetric discriminatory auctions

  • Author/Authors

    Colin Campbell، نويسنده , , Octavian Carare، نويسنده , , Richard P. McLean، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2005
  • Pages
    6
  • From page
    95
  • To page
    100
  • Abstract
    We examine the efficiency and revenue properties of an asymmetric discriminatory auction with two bidders and two objects. While inefficient, a discriminatory auction may result in higher expected revenue than the efficient Vickrey auction.
  • Keywords
    Asymmetry , Discriminatory auctions
  • Journal title
    Economics Letters
  • Serial Year
    2005
  • Journal title
    Economics Letters
  • Record number

    435576