Feinberg, Yossi; Tennenholtz, Moshe - In: Topics in Theoretical Economics 5 (2005) 1, pp. 1061-1061
We consider a single indivisible object auctioned in an ascending bid English auction. Two variations of this auction are compared with respect to the seller's revenue. In the first mechanism the participants observe the identity of a bidder that drops from the auction while in the second...