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Because sequential auctions have permeated society more than ever, it is desirable for participants to have the optimal strategies beforehand. However, finding closed-form solutions to various sequential auction games is challenging. Current literature provides some answers for specific cases...
Persistent link: https://www.econbiz.de/10009431203
theory to analyze the systems under both deterministic and general stochastic demand. We derive the existence and uniqueness …
Persistent link: https://www.econbiz.de/10009431209