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Persistent link: https://www.econbiz.de/10009563499
This paper studies settings where a number of sellers of different reputations for honesty simultaneously offer sealed-bid, second-price, single-unit auctions for imperfect substitute goods to unit-demand buyers. Among other applications, these settings can serve as an abstraction of large scale...
Persistent link: https://www.econbiz.de/10014047658
An important current trend in advertising is the replacement of traditional pay-per-exposure (pay-per-impression) pricing models with performance-based mechanisms in which advertisers pay only for measurable actions by consumers. Such pay-per-action (PPA) mechanisms are becoming the predominant...
Persistent link: https://www.econbiz.de/10014045096