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Unique-lowest sealed-bid auctions are auctions in which participation is endogenous and the winning bid is the lowest … bid among all unique bids. Such auctions admit very many Nash equilibria (NEs) in pure and mixed strategies. The two …
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divestitures. The Dutch government has doneexactly that, organizing auctions to redistribute tenancy rights for highway …
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We study auctions in which the number of potential bidders is large, such as in Internet auctions. With numerous … Internet auctions. …
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lottery ticket.li one license is auctioned, auctions select the firm that is least risk averse.This is what we call the risk …
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