HANAZONO, Makoto; NAKABAYASHI, Jun; TSURUOKA, Masanori - Institute of Economic Research, Kyoto University - 2013
contrast to the existing study in which only the quasilinear scoring rule is considered, our analysis allows a broad class of … scoring rules including many other realistic ones. We focus on the analyses of the equilibrium bidding behavior of first … demonstrates that the ranking of the two auction formats, in terms of expected scores, depends on the scoring rule and that the …