Showing 1 - 10 of 10
We characterize revenue maximizing mechanisms in a common value environment where the value of the object is equal to the highest of bidders' independent signals. The optimal mechanism exhibits either neutral selection, wherein the object is randomly allocated at a price that all bidders are...
Persistent link: https://www.econbiz.de/10011948704
Persistent link: https://www.econbiz.de/10011556650
Persistent link: https://www.econbiz.de/10010470627
Persistent link: https://www.econbiz.de/10011647505
Persistent link: https://www.econbiz.de/10011647506
Persistent link: https://www.econbiz.de/10011647534
Persistent link: https://www.econbiz.de/10003767443
Persistent link: https://www.econbiz.de/10001739929
Persistent link: https://www.econbiz.de/10001735080
Persistent link: https://www.econbiz.de/10012126821