Showing 1 - 3 of 3
We develop the marginal contribution mechanism in detail for a sequential auction of a single object in which each bidders learn over time her true valuation of the object. We show that a modified second price auction leads to truthtelling.
Persistent link: https://www.econbiz.de/10011081114
Persistent link: https://www.econbiz.de/10005069406
We develop a model of data provision and data pricing in an environment with strategically interacting firms. The demand for data is generated by firms which seek to tailor their product positioning, or price, to either the individual or the aggregate demand. In turn, the data provider...
Persistent link: https://www.econbiz.de/10011080191