Similar Search Results

Partial identification and testable restrictions in multi-unit auctions

McAdams, David - In: Journal of econometrics 146 (2008) 1, pp. 74-85

Persistent link: https://www.econbiz.de/10003778215

Adjustable supply in uniform price auctions : non-commitment as a strategic tool

McAdams, David - In: Economics letters 95 (2007) 1, pp. 48-53

Persistent link: https://www.econbiz.de/10003448136

Monotone equilibrium in multi-unit auctions

McAdams, David - In: The review of economic studies 73 (2006) 4, pp. 1039-1056

Persistent link: https://www.econbiz.de/10003378034

Uniform-price auctions with adjustable supply

McAdams, David - 2006

In the uniform-price auction with adjustable supply, the seller decides how much to sell after receiving the bids so as to maximize its ex post profit. Given N bidders and adjustable supply, all equilibria of the uniform-price auction lead to price on order 1/N3 below the Walrasian price. By...