Hickman, Brent Richard - 2014
Researchers and experts have typically viewed electronic auctions (such as those implemented by eBay, Amazon, and Yahoo …!) as either oral, ascending-price (English) auctions or second-price, sealed-bid (Vickrey) auctions. I show that … electronic auctions. In addition, in a static model, within the symmetric independent private-values (IPV) paradigm, I derive the …