Search Results - subject:"the strategic topology"

Chen, Yi-Chun; Xiong, Siyang - 2008

both the strategic topology and the uniform strategic topology. Second, we explicitly construct a type which is not the … than the strategic topology. With these results, we can linearly rank various topologies on the universal type space, which …

Persistent link: https://www.econbiz.de/10010266254

Topologies on Types: Connections

Chen, Yi-Chun; Xiong, Siyang - Center for Mathematical Studies in Economics and … - 2008

convergence in both the strategic topology and the uniform strategic topology. Second, we explicitly con- struct a type which is … strictly finer than the strategic topology. With these results, we can linearly rank various topologies on the universal type …

Persistent link: https://www.econbiz.de/10005252482

Optimal Auctions with Financially Constrained Bidders

Pai, Mallesh M.; Vohra, Rakesh - Center for Mathematical Studies in Economics and … - 2008

We consider an environment where potential buyers of an indi- visible good have liquidity constraints, in that they cannot pay more than their `budget' regardless of their valuation. A buyer's valuation for the good as well as her budget are her private information. We derive...

Persistent link: https://www.econbiz.de/10005766649