Showing 1 - 2 of 2
We compare the expected revenue in first- and second-price auctions with asymmetric bidders. We consider “close to uniform” distributions with identical supports and show that in the case of identical supports the expected revenue in second-price auctions may exceed that in first-price...
Persistent link: https://www.econbiz.de/10010993406
Persistent link: https://www.econbiz.de/10008486626