Araujo, Aloisio; Castro, Luciano I. de - In: Games and Economic Behavior 65 (2009) 1, pp. 25-48
We prove the existence of monotonic pure strategy equilibrium for many kinds of asymmetric auctions with n bidders and unitary demands, interdependent values and independent types. The assumptions require monotonicity only in the own bidder's type. The payments can be a function of all bids....