• Title of article

    Efficiency in auctions with crossholdings

  • Author/Authors

    David Ettinger، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2003
  • Pages
    7
  • From page
    1
  • To page
    7
  • 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
  • Serial Year
    2003
  • Journal title
    Economics Letters
  • Record number

    435198