Title of article :
Efficiency in auctions with crossholdings
Author/Authors :
David Ettinger، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2003
Abstract :
We study the impact of crossholdings on the efficiency of the standard auction formats. The ascending auction is not equivalent to the second-price auction. In a class of examples, the ascending auction is the only efficient standard auction format
Keywords :
Auctions , Crossholdings , Efficiency
Journal title :
Economics Letters
Journal title :
Economics Letters
