Title of article :
(All) Equilibria in a class of bidding games
Author/Authors :
Gian Luigi Albano، نويسنده , , Alexander Matros، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2005
Abstract :
We consider a class of bidding games under complete information and construct a continuum of pure and mixed strategy equilibria. As corollaries of our results, we obtain a continuum of equilibria for the N-bidder first-price auction and the N-firm Bertrand game.
Keywords :
Mixed and pure strategy equilibria , First-price auctions , complete information
Journal title :
Economics Letters
Journal title :
Economics Letters