ダウンロード数: 162
| タイトル: | Sequential Auctions of Heterogeneous Objects |
| 著者: | Muramoto, Akitoshi Sano, Ryuji |
| キーワード: | sequential auctions declining price anomaly dispersiveness |
| 発行日: | Jul-2016 |
| 出版者: | Institute of Economic Research, Kyoto University |
| 誌名: | KIER Discussion Paper |
| 巻: | 945 |
| 抄録: | We consider sequential second-price auctions in which heterogeneous objects are sold to bidders with unit demand and a single dimensional type. We show that a symmetric increasing equilibrium exists if objects are ordered in terms of dispersiveness of value distributions. Equilibrium price declines when objects are equivalent on average and additional conditions hold. |
| URI: | http://hdl.handle.net/2433/216127 |
| 出現コレクション: | KIER Discussion Paper (英文版) |
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