Rapoport, Amnon; Otsubo, Hironori; Kim, Bora; Stein, … - Wirtschaftswissenschaftliche Fakultät, … - 2009
Two auction mechanisms are studied in which players compete with one another for an exogenously determined prize by independently submitting integer bids in some discrete and commonly known strategy space specified by the auctioneer. In the unique lowest (highest) bid auction game, the winner of...
