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Agents' valuations are interdependent if they depend on the signals of all agents. Previous literature has claimed that with interdependent valuations and multidimen-sional, but independent, signals, efficient auction design is impossible. This paper shows that, on the contrary, it is always...
Persistent link: https://www.econbiz.de/10011591188
Agents' valuations are interdependent if they depend on the signals of all agents. Previous literature has claimed that with interdependent valuations and multidimen-sional, but independent, signals, efficient auction design is impossible. This paper shows that, on the contrary, it is always...
Persistent link: https://www.econbiz.de/10011325062
Persistent link: https://www.econbiz.de/10001485466
Agents' valuations are interdependent if they depend on the signals of all agents. Previous literature has claimed that with interdependent valuations and multidimensional, but independent, signals, efficient auction design is impossible. This paper shows that, on the contrary, it is always...
Persistent link: https://www.econbiz.de/10014087796