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
Link To Document :
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