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In the variable supply auction considered here, the seller decides how many costumers with unit demand to serve after observing their bids. Bidders are uncertain about the seller's cost. We experimentally investigate whether a uniform or a discriminatory price auction is better for the seller in...
Persistent link: https://www.econbiz.de/10011422172
In the variable supply auction considered here, the seller decides how many customers with unit demand to serve after observing their bids. Bidders are uncertain about the seller's cost. We experimentally investigate whether a uniform or a discriminatory price auction is better for the seller in...
Persistent link: https://www.econbiz.de/10008565474
In the variable supply auction considered here, the seller decides how many costumers with unit demand to serve after observing their bids. Bidders are uncertain about the seller's cost. We experimentally investigate whether a uniform or a discriminatory price auction is better for the seller in...
Persistent link: https://www.econbiz.de/10005453738
Persistent link: https://www.econbiz.de/10008348930
Persistent link: https://www.econbiz.de/10005296847
We examine an auction in which the seller determines the supply after observing the bids. We compare the uniform price and the discriminatory auction in a setting of supply uncertainty. Uncertainty is caused by the interplay of two factors: the seller's private information about marginal cost,...
Persistent link: https://www.econbiz.de/10011753144
We examine an auction in which the seller determines the supply after observing the bids. We compare the uniform price and the discriminatory auction in a setting of supply uncertainty, where uncertainty is caused by the interplay of two factors: the seller's private information about marginal...
Persistent link: https://www.econbiz.de/10008494744
We examine an auction in which the seller determines the supply after observing the bids. We compare the uniform price and the discriminatory auction in a setting of supply uncertainty. Uncertainty is caused by the interplay of two factors: the seller's private information about marginal cost,...
Persistent link: https://www.econbiz.de/10005626709
Persistent link: https://www.econbiz.de/10008657299
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