• Title of article

    Using bidder asymmetry to increase seller revenue

  • Author/Authors

    Paul Povel، نويسنده , , Rajdeep Singh، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2004
  • Pages
    4
  • From page
    17
  • To page
    20
  • Abstract
    We construct the optimal selling mechanism in a pure common value environment with two bidders that are not equally well informed. With an optimal mechanism, the seller benefits from bidder asymmetry: her expected revenue increases if the bidder asymmetry increases
  • Keywords
    Auctions , Common value , Asymmetric bidders
  • Journal title
    Economics Letters
  • Serial Year
    2004
  • Journal title
    Economics Letters
  • Record number

    435443