Larue, Bruno; Jeddy, Mohamed; Pouliot, Sébastien - Centre de recherche en économie de l'environnement, de … - 2013
We first show in the context of sequential multi-unit auctions under complete information that a seller’s revenue may increase or decrease as the number of buyers increases, even when the additional bidders win an object. We use data from the Quebec daily hog auction to empirically analyze the...