Araújo, Aloisio Pessoa de (contributor); … - 2006
paper.
2.2. Bidding. After receiving the private information, each player submits a sealed
proposal, that is, a bid b
i
∈ R … will use bold letters to denote bidding
functions, i.e., b =(b
1
, ..., b
n
) ∈ N
n
.Ifwefix the strategies of i … allocation rule is fixed and so is the profile b
−i
, the (interim) expected
payoff of bidder i of type t
i
, when bidding b
i …