Watts, Alison - In: Games 7 (2016) 3, pp. 1-14
Buyer-seller networks where price is determined by an ascending-bid auction are important in many economic examples … such as certain real estate markets, radio spectrum sharing, and buyer-supplier networks. However, it may be that some … the seller acts as a network bridge with power over the buyer and if there are enough buyers with low valuations so that …