We investigate the role of market transparency in repeated first-price auctions. We consider a setting with private and … independent values across bidders. The values are assumed to be perfectly persistent over time.We analyze the first-price auction … disclosure regime, in which each bidder only learns privately whether he won or lost the auction at the end of each round. In …

We explore the impact of private information in sealed-bid first-price auctions. For a given symmetric and arbitrarily …

We explore the impact of private information in sealed bid first price auctions. For a given symmetric and arbitrarily …

We investigate the role of market transparency in repeated first-price auctions. We consider a setting with independent … minimal disclosure regime each bidder only learns privately whether he won or lost the auction. In equilibrium the allocation …