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Persistent link: https://www.econbiz.de/10009685996
We study the design of profit-maximizing mechanisms in environments with interdependent values. A single unit of a good is for sale. There is a known joint distribution of the bidders' ex post values for the good. Two programs are considered:(i) Maximize over mechanisms the minimum over...
Persistent link: https://www.econbiz.de/10012826866