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The unique-lowest sealed-bid auction
Houba, Harold; Laan, Dinard van der; Veldhuizen, Dirk - 2008
Persistent link: https://www.econbiz.de/10003738977
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Endogenous entry in lowest-unique sealed-bid auctions
Houba, Harold; Laan, Dinard van der; Veldhuizen, Dirk - In: Theory and decision : an international journal for … 71 (2011) 2, pp. 269-295
Persistent link: https://www.econbiz.de/10009248422
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The unique-lowest sealed-bid auction
Houba, Harold; Laan, Dinard van der; Veldhuizen, Dirk - 2008
Unique-lowest sealed-bid auctions are auctions in which participation is endogenous and the winning bid is the lowest bid among all unique bids. Such auctions admit very many Nash equilibria (NEs) in pure and mixed strategies. The two-bidders' auction is similar to the Hawk-Dove game, which...
Persistent link: https://www.econbiz.de/10011374396
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Efficient sequential assignments with randomly arriving multi-item demand agents
Laan, Dinard van der; Yang, Zaifu - 2019
Persistent link: https://www.econbiz.de/10012199192
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The Unique-lowest Sealed-bid Auction
Houba, Harold; van der Laan, Dinard; Veldhuizen, Dirk - 2008
Unique-lowest sealed-bid auctions are auctions in which participation is endogenous and the winning bid is the lowest bid among all unique bids. Such auctions admit very many Nash equilibria (NEs) in pure and mixed strategies. The two-bidders' auction is similar to the Hawk-Dove game, which...
Persistent link: https://www.econbiz.de/10010325775