Mezzetti, Claudio; Pekec, Aleksandar; Tsetlin, Ilia - Fondazione ENI Enrico Mattei (FEEM) - 2004
the auction in which k1 objects are sold in the first round and k2 in the second round, with and without revelation of the … first-round revenue. Thus, revenue is greater in a single-round, uniform auction for k = k1 + k2 objects than in a … sequential uniform auction with no bid announcement. When the first-round winning bids are announced, we also identify two …