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Why a Simple Second-Price Auction Induces Efficient Endogenous Entry

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Author Info
Jingfeng Lu ()

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Abstract

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File URL: http://hdl.handle.net/10.1007/s11238-007-9092-9
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Publisher Info
Article provided by Springer in its journal Theory and Decision.

Volume (Year): 66 (2009)
Issue (Month): 2 (February)
Pages: 181-198
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:kap:theord:v:66:y:2009:i:2:p:181-198

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Web page: http://www.springerlink.com/link.asp?id=100341

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords: Efficient Auction; Endogenous Entry; Entry Costs; D44; D82;

References listed on IDEAS
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  1. French, Kenneth R & McCormick, Robert E, 1984. "Sealed Bids, Sunk Costs, and the Process of Competition," Journal of Business, University of Chicago Press, vol. 57(4), pages 417-41, October. [Downloadable!] (restricted)
  2. Dirk Bergemann & Juuso Valimaki, 2005. "Information in Mechanism Design," Cowles Foundation Discussion Papers 1532, Cowles Foundation, Yale University. [Downloadable!]
    Other versions:
  3. Samuelson, William F., 1985. "Competitive bidding with entry costs," Economics Letters, Elsevier, vol. 17(1-2), pages 53-57. [Downloadable!] (restricted)
  4. Tan, Guofu & Yilankaya, Okan, 2004. "Equilibria in Second Price Auctions with Participation Costs," Micro Theory Working Papers tan-04-01-24-10-08-06, Microeconomics.ca Website, revised 09 Jun 2006. [Downloadable!]
    Other versions:
  5. Harstad, Ronald M, 1990. "Alternative Common-Value Auction Procedures: Revenue Comparisons with Free Entry," Journal of Political Economy, University of Chicago Press, vol. 98(2), pages 421-29, April. [Downloadable!] (restricted)
  6. McAfee, R. Preston & McMillan, John, 1987. "Auctions with entry," Economics Letters, Elsevier, vol. 23(4), pages 343-347. [Downloadable!] (restricted)
  7. Stegeman, Mark, 1996. "Participation Costs and Efficient Auctions," Journal of Economic Theory, Elsevier, vol. 71(1), pages 228-259, October. [Downloadable!] (restricted)
  8. Levin, Dan & Smith, James L, 1994. "Equilibrium in Auctions with Entry," American Economic Review, American Economic Association, vol. 84(3), pages 585-99, June. [Downloadable!] (restricted)
  9. repec:bep:thecon:v:4:y:2004:i:1:p:1158-1158 is not listed on IDEAS
  10. Dirk Bergemann & Juuso Vaimaki, 2000. "Information Acquisition and Efficient Mechanism Design," Cowles Foundation Discussion Papers 1248, Cowles Foundation, Yale University. [Downloadable!]
    Other versions:
  11. Nicola Persico, 2000. "Information Acquisition in Auctions," Econometrica, Econometric Society, vol. 68(1), pages 135-148, January.
    Other versions:
  12. Green, Jerry & Laffont, Jean-Jacques, 1984. "Participation constraints in the vickrey auction," Economics Letters, Elsevier, vol. 16(1-2), pages 31-36. [Downloadable!] (restricted)
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This page was last updated on 2009-11-8.


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