We study a game in which the seller of an indivisible object wants to sell her object to a finite number of potential buyers with a posted price. The environment is such that the seller has some private information about the quality of the object that cannot be communicated with buyers at zero...

This paper studies a popular selling mechanism relevant to the Australian housing market in which the seller of the object posts an asking price to attract potential buyers for further negotiations. The game is studied in a dynamic setting with the possibility of more than one potential buyer...