Beil, Damian R.; Wein, Lawrence M. - In: Manufacturing & Service Operations Management 11 (2009) 1, pp. 33-51
Motivated by the ease with which online customers can bid simultaneously in multiple auctions, we analyze a system with … two competing auctioneers and three types of bidders: those dedicated to either of the two auctions and those that … participate simultaneously in both auctions. Bidding behavior is specified and proven to induce a Bayesian Nash equilibrium, and a …