Nishimura, Naoko; Cason, Timothy N.; Saijō, Tatsuyoshi; … - In: Games 2 (2011) 3, pp. 365-411
The paper presents a complete information model of bidding in second price sealed-bid and ascending-bid (English) auctions, in which potential buyers know the unit valuation of other bidders and may spitefully prefer that their rivals earn a lower surplus. Bidders with spiteful preferences...
