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Affiliation, equilibrium existence and revenue ranking of auctions
De Castro, Luciano I. - 2010
Affiliation has been a prominent assumption in the study of economic models with statistical dependence. Despite its large number of applications, especially in auction theory, affiliation has limitations that are important to be aware of. This paper shows that affiliation is a restrictive...
Persistent link: https://www.econbiz.de/10010282914
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Affiliation and dependence in economic models
de Castro, Luciano I. - 2009
Affiliation has been a prominent assumption in the study of economic models with statistical dependence. Despite its large number of applications, especially in auction theory, affiliation has limitations that are important to be aware of. This paper shows that affiliation is a restrictive...
Persistent link: https://www.econbiz.de/10010282939