Masatlioglu, Yusufcan; Taylor, Sarah; Uler, Neslihan - In: Review of Economic Design 16 (2012) 2, pp. 159-173
This paper tests the behavioral equivalence of a class of strategically-equivalent mechanisms that also do not differ in terms of their procedures. In a private value setting, we introduce a family of mechanisms, so-called Mechanism (α), that generalizes the standard first-price sealed-bid...