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We find new equilibria of minimum-revenue core-selecting (MRCS) auctions that, in contrast to previously identified equilibria, involve overbidding - bidding more than one's true value for some packages of goods. With full information, every MRCS auction in every possible setting has equilibria...
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conference. The essays show the interconnectedness of two important and productive areas of modern economics, auction theory and … spectrum auctions. Combining the empirical data these auctions provide with recent advances in microeconomic theory, they …
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