Wellman, Michael P.; Osepayshvilli, Anna; MacKie-Mason, … - 2008
Simultaneous ascending auctions present agents with various strategic problems, depending on preference structure. As … long as bids represent non-repudiable offers, submitting noncontingent bids to separate auctions entails an exposure … (or units of a homogeneous good) bidders also need to account for their own effects on prices. Auction theory does not …