Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10010638734
In a charity auction the public-goods nature of auction revenue affects bidding incentives. We compare equilibrium bidding and revenue in first-price, second-price, and all-pay charity auctions. Bidding revenue typically varies by selling format. First-price auctions are less lucrative than...
Persistent link: https://www.econbiz.de/10005401136
Persistent link: https://www.econbiz.de/10012090555