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
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