Advanced Search
MyIDEAS: Login to save this paper or follow this series

Advances in Auctions

Contents:

Author Info

  • Kaplan, Todd R
  • Zamir, Shmuel

Abstract

As a selling mechanism, auctions have acquired a central position in the free market economy all over the globe. This development has deepened, broadened, and expanded the theory of auctions in new directions. This chapter is intended as a selective update of some of the developments and applications of auction theory in the two decades since Wilson (1992) wrote the previous Handbook chapter on this topic.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://mpra.ub.uni-muenchen.de/54656/
File Function: original version
Download Restriction: no

Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 54656.

as in new window
Length:
Date of creation: 20 Mar 2014
Date of revision:
Handle: RePEc:pra:mprapa:54656

Contact details of provider:
Postal: Schackstr. 4, D-80539 Munich, Germany
Phone: +49-(0)89-2180-2219
Fax: +49-(0)89-2180-3900
Web page: http://mpra.ub.uni-muenchen.de
More information through EDIRC

Related research

Keywords: Auctions; Private-Value Auctions; Multi-Unit Auctions; All-Pay Auctions; Resale; Position Auctions; Dynamic Auctions; Spectrum Auctions; Monotone Equilibrium;

Other versions of this item:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Yeon-Koo Che & Jinwoo Kim, 2006. "Robustly Collusion-Proof Implementation," Econometrica, Econometric Society, Econometric Society, vol. 74(4), pages 1063-1107, 07.
  2. Dubey, Pradeep & Geanakoplos, John, 2010. "Grading exams: 100,99,98,... or A,B,C?," Games and Economic Behavior, Elsevier, Elsevier, vol. 69(1), pages 72-94, May.
  3. Boyce, John R, 1994. "Allocation of Goods by Lottery," Economic Inquiry, Western Economic Association International, Western Economic Association International, vol. 32(3), pages 457-76, July.
  4. Jacob K. Goeree & Theo Offerman & Randolph Sloof, 2009. "Demand reduction and preemptive bidding in multi-unit license auctions," IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich 430, Institute for Empirical Research in Economics - University of Zurich.
  5. Plott, Charles R. & Salmon, Timothy C., 2004. "The simultaneous, ascending auction: dynamics of price adjustment in experiments and in the UK3G spectrum auction," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 53(3), pages 353-383, March.
  6. Hafalir, Isa & Krishna, Vijay, 2009. "Revenue and efficiency effects of resale in first-price auctions," Journal of Mathematical Economics, Elsevier, vol. 45(9-10), pages 589-602, September.
  7. Philip J. Reny & Shmuel Zamir, 2004. "On the Existence of Pure Strategy Monotone Equilibria in Asymmetric First-Price Auctions," Econometrica, Econometric Society, Econometric Society, vol. 72(4), pages 1105-1125, 07.
  8. Nicholas Shunda, 2007. "Auctions with a Buy Price: The Case of Reference-Dependent Preferences," Working papers, University of Connecticut, Department of Economics 2007-42, University of Connecticut, Department of Economics.
  9. Susan Athey & Jonathan Levin & Enrique Seira, 2008. "Comparing Open and Sealed Bid Auctions: Evidence from Timber Auctions," NBER Working Papers 14590, National Bureau of Economic Research, Inc.
  10. Lebrun, Bernard, 1996. "Existence of an Equilibrium in First Price Auctions," Economic Theory, Springer, Springer, vol. 7(3), pages 421-43, April.
  11. Athey, Susan, 2001. "Single Crossing Properties and the Existence of Pure Strategy Equilibria in Games of Incomplete Information," Econometrica, Econometric Society, Econometric Society, vol. 69(4), pages 861-89, July.
  12. Grimm, Veronika & Riedel, Frank & Wolfstetter, Elmar, 2001. "Low price equilibrium in multi-unit auctions: The GSM spectrum auction in Germany," SFB 373 Discussion Papers, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes 2001,31, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
  13. Levin, Jonathan & Athey, Susan, 2001. "Information and Competition in U.S. Forest Service Timber Auctions," Scholarly Articles 3612768, Harvard University Department of Economics.
  14. Jehiel, Philippe & Moldovanu, Benny, 2001. "Efficient Design with Interdependent Valuations," Econometrica, Econometric Society, Econometric Society, vol. 69(5), pages 1237-59, September.
  15. Haile, Philip A., 2003. "Auctions with private uncertainty and resale opportunities," Journal of Economic Theory, Elsevier, Elsevier, vol. 108(1), pages 72-110, January.
  16. John McMillan, 1994. "Selling Spectrum Rights," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 8(3), pages 145-162, Summer.
  17. Kagel, John H & Levin, Dan, 1993. "Independent Private Value Auctions: Bidder Behaviour in First-, Second- and Third-Price Auctions with Varying Numbers of Bidders," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 103(419), pages 868-79, July.
  18. Chakravarty, Surajeet & Kaplan, Todd R., 2013. "Optimal allocation without transfer payments," Games and Economic Behavior, Elsevier, Elsevier, vol. 77(1), pages 1-20.
  19. Dirk Bergemann & Juuso Valimaki, 2008. "The Dynamic Pivot Mechanism," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University 1672R, Cowles Foundation for Research in Economics, Yale University, revised Dec 2009.
  20. Chen Cohen & Todd R. Kaplan & Aner Sela, 2008. "Optimal rewards in contests," RAND Journal of Economics, RAND Corporation, RAND Corporation, vol. 39(2), pages 434-451.
  21. Yeon-Koo Che & Jinwoo Kim, 2006. "Optimal Collusion-Proof Auctions," Discussion Papers, Columbia University, Department of Economics 0506-22, Columbia University, Department of Economics.
  22. Turocy, Theodore L., 2008. "Auction choice for ambiguity-averse sellers facing strategic uncertainty," Games and Economic Behavior, Elsevier, Elsevier, vol. 62(1), pages 155-179, January.
  23. Milgrom, P. & Shannon, C., 1991. "Monotone Comparative Statics," Papers, Stanford - Institute for Thoretical Economics 11, Stanford - Institute for Thoretical Economics.
  24. Kaplan, T.R. & Luski, I. & Wettstein, D., 2000. "Innovative Activity and Sunk Cost," Papers, Tel Aviv 2000-6, Tel Aviv.
  25. Paul Klemperer & Ken Binmore, 2001. "The Biggest Auction Ever: the Sale of the British 3G Telecom Licences," Economics Series Working Papers, University of Oxford, Department of Economics 2002-W04, University of Oxford, Department of Economics.
  26. Luciano I. de Castro & Daniel H. Karney, 2012. "Equilibria Existence And Characterization In Auctions: Achievements And Open Questions," Journal of Economic Surveys, Wiley Blackwell, Wiley Blackwell, vol. 26(5), pages 911-932, December.
  27. Varian, Hal R., 2007. "Position auctions," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 25(6), pages 1163-1178, December.
  28. Benjamin Edelman & Michael Ostrovsky & Michael Schwarz, 2007. "Internet Advertising and the Generalized Second-Price Auction: Selling Billions of Dollars Worth of Keywords," American Economic Review, American Economic Association, American Economic Association, vol. 97(1), pages 242-259, March.
  29. Krishna, Vijay & Maenner, Eliot, 2001. "Convex Potentials with an Application to Mechanism Design," Econometrica, Econometric Society, Econometric Society, vol. 69(4), pages 1113-19, July.
  30. Paul Milgrom, . "Putting Auction Theory to Work: The Simultaneous Ascending Auction," Working Papers, Stanford University, Department of Economics 98002, Stanford University, Department of Economics.
  31. Paul Klemperer, 2004. "Auctions: Theory and Practice," Online economics textbooks, SUNY-Oswego, Department of Economics, SUNY-Oswego, Department of Economics, number auction1, Spring.
  32. Baye, M.R. & Kovenock, D., 1992. "How to Sell a Pickup Truck: "Beat-or-Pay" Adverrtisements as Facilitating Devices," Papers, Pennsylvania State - Department of Economics 9-92-3, Pennsylvania State - Department of Economics.
  33. William Vickrey, 1961. "Counterspeculation, Auctions, And Competitive Sealed Tenders," Journal of Finance, American Finance Association, American Finance Association, vol. 16(1), pages 8-37, 03.
  34. Cheng, Harrison, 2011. "Auctions with resale and bargaining power," Journal of Mathematical Economics, Elsevier, vol. 47(3), pages 300-308.
  35. Axel Ockenfels & Reinhard Selten, 2002. "Impulse Balance Equilibrium and Feedback in First Price Auctions," Papers on Strategic Interaction, Max Planck Institute of Economics, Strategic Interaction Group 2002-12, Max Planck Institute of Economics, Strategic Interaction Group.
  36. Février Philippe & Roos William & Visser Michael, 2004. "The buyer's option in multi-unit ascending auctions : the case of wine auctions at Drouot," Research Unit Working Papers, Laboratoire d'Economie Appliquee, INRA 0409, Laboratoire d'Economie Appliquee, INRA.
  37. Ron Siegel, 2009. "All-Pay Contests," Econometrica, Econometric Society, Econometric Society, vol. 77(1), pages 71-92, 01.
  38. Aytek Erdil & Paul Klemperer, 2009. "A New Payment Rule for Core-Selecting Package Auctions," Economics Papers 2009-W11, Economics Group, Nuffield College, University of Oxford.
  39. Vincent P. Crawford & Nagore Iriberri, 2005. "Level-k Auctions: Can a Non-Equilibrium Model of Strategic Thinking Explain the Winner's Curse and Overbidding in Private-Value Auctions?," Levine's Bibliography 784828000000000604, UCLA Department of Economics.
  40. Stahl, Dale II & Wilson, Paul W., 1994. "Experimental evidence on players' models of other players," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 25(3), pages 309-327, December.
  41. Arieh Gavious & Benny Moldovanu & Aner Sela, 2002. "Bid Costs and Endogenous Bid Caps," RAND Journal of Economics, The RAND Corporation, vol. 33(4), pages 709-722, Winter.
  42. Konrad, Kai A., 2009. "Strategy and Dynamics in Contests," OUP Catalogue, Oxford University Press, Oxford University Press, number 9780199549603, October.
  43. Levin, Dan & Ozdenoren, Emre, 2004. "Auctions with uncertain numbers of bidders," Journal of Economic Theory, Elsevier, Elsevier, vol. 118(2), pages 229-251, October.
  44. Yeon-Koo Che & Ian Gale, 2006. "Caps on Political Lobbying: Reply," Discussion Papers, Columbia University, Department of Economics 0506-15, Columbia University, Department of Economics.
  45. Stephanie Rosenkranz & Patrick W. Schmitz, 2005. "Reserve prices in auctions as reference points," Bonn Econ Discussion Papers, University of Bonn, Germany bgse24_2005, University of Bonn, Germany.
  46. Yoon, Kiho, 2011. "Optimal mechanism design when both allocative inefficiency and expenditure inefficiency matter," Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 670-676.
  47. Ken Binmore & Joe Swierzbinski, 2000. "original papers : Treasury auctions: Uniform or discriminatory?," Review of Economic Design, Springer, Springer, vol. 5(4), pages 387-410.
  48. Thomas Tröger & Rodney Garratt & Charles Zheng, 2008. "Collusion via Resale," Bonn Econ Discussion Papers, University of Bonn, Germany bgse20_2008, University of Bonn, Germany.
  49. Paul Klemperer, 2004. "Introduction to Auctions: Theory and Practice
    [Auctions: Theory and Practice]
    ," Introductory Chapters, Princeton University Press, Princeton University Press.
  50. John Asker & Estelle Cantillon, 2006. "Procurement When Price and Quality Matter," Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics 06-24, New York University, Leonard N. Stern School of Business, Department of Economics.
  51. Edward P. Lazear & Sherwin Rosen, 1979. "Rank-Order Tournaments as Optimum Labor Contracts," NBER Working Papers 0401, National Bureau of Economic Research, Inc.
  52. Taylor, Curtis R, 1995. "Digging for Golden Carrots: An Analysis of Research Tournaments," American Economic Review, American Economic Association, American Economic Association, vol. 85(4), pages 872-90, September.
  53. Che, Y.K., 1991. "Design Competition through Multidimensional Auctions," Working papers, Wisconsin Madison - Social Systems 9123, Wisconsin Madison - Social Systems.
  54. Amann, Erwin & Leininger, Wolfgang, 1996. "Asymmetric All-Pay Auctions with Incomplete Information: The Two-Player Case," Games and Economic Behavior, Elsevier, Elsevier, vol. 14(1), pages 1-18, May.
  55. Pagnozzi, Marco, 2009. "Resale and bundling in auctions," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 27(6), pages 667-678, November.
  56. Tymofiy Mylovanov & Thomas Tröger, 2009. "Optimal auction with resale—a characterization of the conditions," Economic Theory, Springer, Springer, vol. 40(3), pages 509-528, September.
  57. Jehiel, Philippe & Moldovanu, Benny & Stacchetti, Ennio, 1999. "Multidimensional Mechanism Design for Auctions with Externalities," Journal of Economic Theory, Elsevier, Elsevier, vol. 85(2), pages 258-293, April.
  58. Gopal Das Varma, 2002. "Standard Auctions with Identity-Dependent Externalities," RAND Journal of Economics, The RAND Corporation, vol. 33(4), pages 689-708, Winter.
  59. Maskin, Eric & Tirole, Jean, 1988. "A Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves, and Edgeworth Cycles," Econometrica, Econometric Society, Econometric Society, vol. 56(3), pages 571-99, May.
  60. Taylor, Grant A. & Tsui, Kevin K. K. & Zhu, Lijing, 2003. "Lottery or waiting-line auction?," Journal of Public Economics, Elsevier, Elsevier, vol. 87(5-6), pages 1313-1334, May.
  61. Che, Yeon-Koo & Gale, Ian, 1998. "Standard Auctions with Financially Constrained Bidders," Review of Economic Studies, Wiley Blackwell, Wiley Blackwell, vol. 65(1), pages 1-21, January.
  62. Weitzman, Martin L, 1979. "Optimal Search for the Best Alternative," Econometrica, Econometric Society, Econometric Society, vol. 47(3), pages 641-54, May.
  63. Gautam Goswami & Thomas Noe & Michael Rebello, 1995. "Collusion in uniform-price auctions: experimental evidence and implications for Treasury auctions," Working Paper, Federal Reserve Bank of Atlanta 95-5, Federal Reserve Bank of Atlanta.
  64. David McAdams, 2006. "Monotone Equilibrium in Multi-Unit Auctions," Review of Economic Studies, Oxford University Press, vol. 73(4), pages 1039-1056.
  65. Robert Day & Paul Milgrom, 2008. "Core-selecting package auctions," International Journal of Game Theory, Springer, Springer, vol. 36(3), pages 393-407, March.
  66. Richard Engelbrecht-Wiggans & Elena Katok, 2008. "Regret and Feedback Information in First-Price Sealed-Bid Auctions," Management Science, INFORMS, INFORMS, vol. 54(4), pages 808-819, April.
  67. Ron Siegel, 2010. "Asymmetric Contests with Conditional Investments," American Economic Review, American Economic Association, American Economic Association, vol. 100(5), pages 2230-60, December.
  68. Ilan Kremer, 2004. "Underpricing and Market Power in Uniform Price Auctions," Review of Financial Studies, Society for Financial Studies, Society for Financial Studies, vol. 17(3), pages 849-877.
  69. Jehiel, Philippe & Moldovanu, Benny, 2000. "License Auctions and Market Structure," CEPR Discussion Papers, C.E.P.R. Discussion Papers 2530, C.E.P.R. Discussion Papers.
  70. Lawrence M. Ausubel, 2006. "An Efficient Dynamic Auction for Heterogeneous Commodities," American Economic Review, American Economic Association, American Economic Association, vol. 96(3), pages 602-629, June.
  71. Michael R. Baye & Dan Kovenock & Casper G. de Vries, 2000. "Comparative Analysis of Litigation Systems: An Auction-Theoretic Approach," Tinbergen Institute Discussion Papers, Tinbergen Institute 00-103/2, Tinbergen Institute.
  72. Condorelli, Daniele, 2012. "What money canʼt buy: Efficient mechanism design with costly signals," Games and Economic Behavior, Elsevier, Elsevier, vol. 75(2), pages 613-624.
  73. Bagnoli, M. & Bergstrom, T., 1989. "Log-Concave Probability And Its Applications," Papers, Michigan - Center for Research on Economic & Social Theory 89-23, Michigan - Center for Research on Economic & Social Theory.
  74. Todd R. Kaplan & David Wettstein, 2006. "Caps on Political Lobbying: Comment," American Economic Review, American Economic Association, American Economic Association, vol. 96(4), pages 1351-1354, September.
  75. Susan Athey & Glenn Ellison, 2007. "Position Auctions with Consumer Search," Levine's Bibliography 122247000000001633, UCLA Department of Economics.
  76. Nagel, Rosemarie, 1995. "Unraveling in Guessing Games: An Experimental Study," American Economic Review, American Economic Association, American Economic Association, vol. 85(5), pages 1313-26, December.
  77. Emel Filiz-Ozbay & Erkut Y. Ozbay, 2007. "Auctions with Anticipated Regret: Theory and Experiment," American Economic Review, American Economic Association, American Economic Association, vol. 97(4), pages 1407-1418, September.
  78. Varian, Hal R, 1980. "A Model of Sales," American Economic Review, American Economic Association, American Economic Association, vol. 70(4), pages 651-59, September.
  79. Baye, M. & Kovenock, D. & Vries, C. de, 1990. "The All-Pay Auction with Complete Information," Discussion Paper, Tilburg University, Center for Economic Research 1990-51, Tilburg University, Center for Economic Research.
  80. Moldovanu, Benny & Sela, Aner, 2006. "Contest architecture," Journal of Economic Theory, Elsevier, Elsevier, vol. 126(1), pages 70-96, January.
  81. Brian Roberson & Dmitriy Kvasov, 2012. "The non-constant-sum Colonel Blotto game," Economic Theory, Springer, Springer, vol. 51(2), pages 397-433, October.
  82. Back, Kerry & Zender, Jaime F, 1993. "Auctions of Divisible Goods: On the Rationale for the Treasury Experiment," Review of Financial Studies, Society for Financial Studies, Society for Financial Studies, vol. 6(4), pages 733-64.
  83. Barut, Yasar & Kovenock, Dan, 1998. "The symmetric multiple prize all-pay auction with complete information," European Journal of Political Economy, Elsevier, Elsevier, vol. 14(4), pages 627-644, November.
  84. Stahl Dale O. & Wilson Paul W., 1995. "On Players' Models of Other Players: Theory and Experimental Evidence," Games and Economic Behavior, Elsevier, Elsevier, vol. 10(1), pages 218-254, July.
  85. Peter Cramton, 1997. "The FCC Spectrum Auctions: An Early Assessment," Journal of Economics & Management Strategy, Wiley Blackwell, Wiley Blackwell, vol. 6(3), pages 431-495, 09.
  86. Pai, Mallesh M. & Vohra, Rakesh, 2014. "Optimal auctions with financially constrained buyers," Journal of Economic Theory, Elsevier, Elsevier, vol. 150(C), pages 383-425.
  87. Gustavo E. Rodriguez, 2000. "First price auctions: Monotonicity and uniqueness," International Journal of Game Theory, Springer, Springer, vol. 29(3), pages 413-432.
  88. Marco Pagnozzi, 2004. "Bidding to Lose? Auctions with Resale," CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy 116, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 01 Nov 2006.
  89. Garratt, Rod & Tröger, Thomas, 2005. "Speculation in Standard Auctions with Resale," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University 42, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
  90. Clark, Derek J & Riis, Christian, 1998. "Competition over More Than One Prize," American Economic Review, American Economic Association, American Economic Association, vol. 88(1), pages 276-89, March.
  91. Laslier, Jean-Francois & Picard, Nathalie, 2002. "Distributive Politics and Electoral Competition," Journal of Economic Theory, Elsevier, Elsevier, vol. 103(1), pages 106-130, March.
  92. Paul Milgrom & Robert J. Weber, 1981. "A Theory of Auctions and Competitive Bidding," Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science 447R, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  93. Robert Day & Peter Cramton, 2008. "Quadratic Core-Selecting Payment Rules for Combinatorial Auctions," Papers of Peter Cramton 08qcspr, University of Maryland, Department of Economics - Peter Cramton, revised 2012.
  94. Benny Moldovanu & Aner Sela, 2001. "The Optimal Allocation of Prizes in Contests," American Economic Review, American Economic Association, American Economic Association, vol. 91(3), pages 542-558, June.
  95. Charles Zhoucheng Zheng, 2002. "Optimal Auction with Resale," Econometrica, Econometric Society, Econometric Society, vol. 70(6), pages 2197-2224, November.
  96. Thomas, Jonathan P. & Wang, Zhewei, 2013. "Optimal punishment in contests with endogenous entry," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 91(C), pages 34-50.
  97. Adamo, Tim & Matros, Alexander, 2009. "A Blotto game with Incomplete Information," Economics Letters, Elsevier, Elsevier, vol. 105(1), pages 100-102, October.
  98. Caroline D. Thomas, 2009. "N-Dimensional Blotto Game with Asymmetric Battlefield Values," Department of Economics Working Papers, The University of Texas at Austin, Department of Economics 130116, The University of Texas at Austin, Department of Economics, revised Aug 2013.
  99. Subir Bose & George Deltas, 2007. "Exclusive Versus Non-exclusive Dealing in Auctions with Resale," Economic Theory, Springer, Springer, vol. 31(1), pages 1-17, April.
  100. Benny Moldovanu & Aner Sela & Xianwen Shi, 2010. "Carrots and Sticks: Prizes and Punishments in Contests," Working Papers, University of Toronto, Department of Economics tecipa-399, University of Toronto, Department of Economics.
  101. Ivan Pastine & Tuvana Pastine, 2010. "Politician preferences, law-abiding lobbyists and caps on political contributions," Public Choice, Springer, Springer, vol. 145(1), pages 81-101, October.
  102. Banks, Jeffrey & Olson, Mark & Porter, David & Rassenti, Stephen & Smith, Vernon, 2003. "Theory, experiment and the federal communications commission spectrum auctions," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 51(3), pages 303-350, July.
  103. d'Aspremont, Claude & Jacquemin, Alexis, 1988. "Cooperative and Noncooperative R&D in Duopoly with Spillovers," American Economic Review, American Economic Association, American Economic Association, vol. 78(5), pages 1133-37, December.
  104. Charles R. Plott, 1997. "Laboratory Experimental Testbeds: Application to the PCS Auction," Journal of Economics & Management Strategy, Wiley Blackwell, Wiley Blackwell, vol. 6(3), pages 605-638, 09.
  105. Lebrun, Bernard, 2012. "Optimality and the English and second-price auctions with resale," Games and Economic Behavior, Elsevier, Elsevier, vol. 75(2), pages 731-751.
  106. Zheng, Charles Z., 2001. "High Bids and Broke Winners," Journal of Economic Theory, Elsevier, Elsevier, vol. 100(1), pages 129-171, September.
  107. Kinshuk Jerath & Liye Ma & Young-Hoon Park & Kannan Srinivasan, 2011. "A "Position Paradox" in Sponsored Search Auctions," Marketing Science, INFORMS, INFORMS, vol. 30(4), pages 612-627, July.
  108. Nikhil Agarwal & Susan Athey & David Yang, 2009. "Skewed Bidding in Pay-per-Action Auctions for Online Advertising," American Economic Review, American Economic Association, American Economic Association, vol. 99(2), pages 441-47, May.
  109. Jehiel, Philippe & Benny Moldovanu, 1994. "Strategic Non-Participation," Discussion Paper Serie B, University of Bonn, Germany 287, University of Bonn, Germany.
  110. Lizzeri, Alessandro & Persico, Nicola, 2000. "Uniqueness and Existence of Equilibrium in Auctions with a Reserve Price," Games and Economic Behavior, Elsevier, Elsevier, vol. 30(1), pages 83-114, January.
  111. Sarin, Rakesh K & Wakker, Peter, 1992. "A Simple Axiomatization of Nonadditive Expected Utility," Econometrica, Econometric Society, Econometric Society, vol. 60(6), pages 1255-72, November.
  112. Ashlagi, Itai & Monderer, Dov & Tennenholtz, Moshe, 2009. "Mediators in position auctions," Games and Economic Behavior, Elsevier, Elsevier, vol. 67(1), pages 2-21, September.
  113. Vincent P. Crawford & Tamar Kugler & Zvika Neeman & Ady Pauzner, 2009. "Behaviorally Optimal Auction Design: Examples and Observations," Journal of the European Economic Association, MIT Press, MIT Press, vol. 7(2-3), pages 377-387, 04-05.
  114. Michael H. Rothkopf & Aleksandar Peke\v{c} & Ronald M. Harstad, 1998. "Computationally Manageable Combinational Auctions," Management Science, INFORMS, INFORMS, vol. 44(8), pages 1131-1147, August.
  115. Carolyn Pitchik, 2008. "Budget-Constrained Sequential Auctions with Incomplete Information," Working Papers, University of Toronto, Department of Economics tecipa-342, University of Toronto, Department of Economics.
  116. Gupta, Madhurima & Lebrun, Bernard, 1999. "First price auctions with resale," Economics Letters, Elsevier, Elsevier, vol. 64(2), pages 181-185, August.
  117. Hannu Vartiainen, 2013. "Auction Design Without Commitment," Journal of the European Economic Association, European Economic Association, European Economic Association, vol. 11(2), pages 316-342, 04.
  118. Rachmilevitch, Shiran, 2014. "First-best collusion without communication," Games and Economic Behavior, Elsevier, Elsevier, vol. 83(C), pages 224-230.
  119. McAfee, R. Preston & McMillan, John., 1990. "Bidding Rings," Working Papers, California Institute of Technology, Division of the Humanities and Social Sciences 726, California Institute of Technology, Division of the Humanities and Social Sciences.
  120. Richard Engelbrecht-Wiggans, 1989. "The Effect of Regret on Optimal Bidding in Auctions," Management Science, INFORMS, INFORMS, vol. 35(6), pages 685-692, June.
  121. Goeree, Jacob K., 2003. "Bidding for the future: signaling in auctions with an aftermarket," Journal of Economic Theory, Elsevier, Elsevier, vol. 108(2), pages 345-364, February.
  122. Yeon-Koo Che & Ian Gale, 2000. "Optimal Design of Research Contests," Econometric Society World Congress 2000 Contributed Papers, Econometric Society 1784, Econometric Society.
  123. Naoko Nishimura & Timothy N. Cason & Tatsuyoshi Saijo & Yoshikazu Ikeda, 2011. "Spite and Reciprocity in Auctions," Games, MDPI, Open Access Journal, MDPI, Open Access Journal, vol. 2(3), pages 365-411, September.
  124. Lebrun, Bernard, 2006. "Uniqueness of the equilibrium in first-price auctions," Games and Economic Behavior, Elsevier, Elsevier, vol. 55(1), pages 131-151, April.
  125. DeMartini, Christine & Kwasnica, Anthony M. & Ledyard, John O. & Porter, David, 1998. "A New and Improved Design For Multi-Object Iterative Auctions," Working Papers, California Institute of Technology, Division of the Humanities and Social Sciences 1054, California Institute of Technology, Division of the Humanities and Social Sciences.
  126. Milgrom,Paul, 2004. "Putting Auction Theory to Work," Cambridge Books, Cambridge University Press, Cambridge University Press, number 9780521551847.
  127. Benny Moldovanu & Aner Sela & Xianwen Shi, 2007. "Contests for Status," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 115, pages 338-363.
  128. Cox, James C & Smith, Vernon L & Walker, James M, 1988. " Theory and Individual Behavior of First-Price Auctions," Journal of Risk and Uncertainty, Springer, Springer, vol. 1(1), pages 61-99, March.
  129. Kin Chung Lo, 1998. "Sealed bid auctions with uncertainty averse bidders," Economic Theory, Springer, Springer, vol. 12(1), pages 1-20.
  130. John Asker & Estelle Cantillon, 2008. "Properties of scoring auctions," RAND Journal of Economics, RAND Corporation, RAND Corporation, vol. 39(1), pages 69-85.
  131. Frank Riedel & Elmar Wolfstetter, 2006. "Immediate demand reduction in simultaneous ascending-bid auctions: a uniqueness result," Economic Theory, Springer, Springer, vol. 29(3), pages 721-726, November.
  132. Alex Gershkov & Benny Moldovanu, 2009. "Dynamic Revenue Maximization with Heterogeneous Objects: A Mechanism Design Approach," American Economic Journal: Microeconomics, American Economic Association, American Economic Association, vol. 1(2), pages 168-98, August.
  133. Todd Kaplan & Shmuel Zamir, 2012. "Asymmetric first-price auctions with uniform distributions: analytic solutions to the general case," Economic Theory, Springer, Springer, vol. 50(2), pages 269-302, June.
  134. Robert W. Day & S. Raghavan, 2007. "Fair Payments for Efficient Allocations in Public Sector Combinatorial Auctions," Management Science, INFORMS, INFORMS, vol. 53(9), pages 1389-1406, September.
  135. Parreiras, Sérgio O. & Rubinchik, Anna, 2010. "Contests with three or more heterogeneous agents," Games and Economic Behavior, Elsevier, Elsevier, vol. 68(2), pages 703-715, March.
  136. Weinstein Jonathan, 2012. "Two Notes on the Blotto Game," The B.E. Journal of Theoretical Economics, De Gruyter, De Gruyter, vol. 12(1), pages 1-13, March.
  137. Gustavo Vulcano & Garrett van Ryzin & Costis Maglaras, 2002. "Optimal Dynamic Auctions for Revenue Management," Manufacturing & Service Operations Management, INFORMS, INFORMS, vol. 4(1), pages 7-11.
  138. Arye L. Hillman & John G. Riley, 1989. "Politically Contestable Rents And Transfers," Economics and Politics, Wiley Blackwell, Wiley Blackwell, vol. 1(1), pages 17-39, 03.
  139. repec:ulb:ulbeco:2013/8999 is not listed on IDEAS
  140. Gilboa, Itzhak, 1987. "Expected utility with purely subjective non-additive probabilities," Journal of Mathematical Economics, Elsevier, vol. 16(1), pages 65-88, February.
  141. Jack Stecher & Radhika Lunawat & Kira Pronin & John Dickhaut, 2007. "Decision Making and Trade without Probabilities," CIRANO Working Papers, CIRANO 2007s-21, CIRANO.
  142. Motty Perry & Philip J. Reny, 2002. "An Efficient Auction," Econometrica, Econometric Society, Econometric Society, vol. 70(3), pages 1199-1212, May.
  143. Robert J. Weber, 1997. "Making More from Less: Strategic Demand Reduction in the FCC Spectrum Auctions," Journal of Economics & Management Strategy, Wiley Blackwell, Wiley Blackwell, vol. 6(3), pages 529-548, 09.
  144. Bernard Caillaud & Philippe Jehiel, 1998. "Collusion in Auctions with Externalities," RAND Journal of Economics, The RAND Corporation, vol. 29(4), pages 680-702, Winter.
  145. Kaplan, Todd, et al, 2002. "All-Pay Auctions with Variable Rewards," Journal of Industrial Economics, Wiley Blackwell, Wiley Blackwell, vol. 50(4), pages 417-30, December.
  146. Peter Cramton, 2009. "Spectrum Auction Design," Papers of Peter Cramton 09sad, University of Maryland, Department of Economics - Peter Cramton, revised 2012.
  147. Winston Koh & Zhenlin Yang & Lijing Zhu, 2006. "Lottery Rather than Waiting-line Auction," Social Choice and Welfare, Springer, Springer, vol. 27(2), pages 289-310, October.
  148. Che, XiaoGang & Lee, Peter & Yang, Yibai, 2013. "The Impact of Resale on Entry in Second Price Auctions," Working Papers, University of Sydney, School of Economics 2013-07, University of Sydney, School of Economics.
  149. Bernard Lebrun, 2002. "Continuity of the first price auction Nash equilibrium correspondence," Economic Theory, Springer, Springer, vol. 20(3), pages 435-453.
  150. Gilboa, Itzhak & Schmeidler, David, 1989. "Maxmin expected utility with non-unique prior," Journal of Mathematical Economics, Elsevier, vol. 18(2), pages 141-153, April.
  151. Chen, Yan & Katuscak, Peter & Ozdenoren, Emre, 2007. "Sealed bid auctions with ambiguity: Theory and experiments," Journal of Economic Theory, Elsevier, Elsevier, vol. 136(1), pages 513-535, September.
  152. Arye Hillman & Dov Samet, 1987. "Dissipation of contestable rents by small numbers of contenders," Public Choice, Springer, Springer, vol. 54(1), pages 63-82, January.
  153. Andrzej Skrzypacz & Simon Board, 2011. "Revenue Management with Forward-Looking Buyers," 2011 Meeting Papers, Society for Economic Dynamics 87, Society for Economic Dynamics.
  154. Michael D. Noel, 2008. "Edgeworth Price Cycles and Focal Prices: Computational Dynamic Markov Equilibria," Journal of Economics & Management Strategy, Wiley Blackwell, Wiley Blackwell, vol. 17(2), pages 345-377, 06.
  155. Schmeidler, David, 1989. "Subjective Probability and Expected Utility without Additivity," Econometrica, Econometric Society, Econometric Society, vol. 57(3), pages 571-87, May.
  156. Harrison Cheng & Guofu Tan, 2010. "Asymmetric common-value auctions with applications to private-value auctions with resale," Economic Theory, Springer, Springer, vol. 45(1), pages 253-290, October.
  157. Che, Yeon-Koo & Gale, Ian, 1996. "Expected revenue of all-pay auctions and first-price sealed-bid auctions with budget constraints," Economics Letters, Elsevier, Elsevier, vol. 50(3), pages 373-379, March.
  158. Moldovanu, Benny & Sela, Aner, 2003. "Patent licensing to Bertrand competitors," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 21(1), pages 1-13, January.
  159. Michael D. Noel, 2007. "Edgeworth Price Cycles, Cost-Based Pricing, and Sticky Pricing in Retail Gasoline Markets," The Review of Economics and Statistics, MIT Press, vol. 89(2), pages 324-334, May.
  160. Salo, Ahti A & Weber, Martin, 1995. "Ambiguity Aversion in First-Price Sealed-Bid Auctions," Journal of Risk and Uncertainty, Springer, Springer, vol. 11(2), pages 123-37, September.
  161. Pavlov, Gregory, 2008. "Auction design in the presence of collusion," Theoretical Economics, Econometric Society, Econometric Society, vol. 3(3), September.
  162. Robert B. Wilson, 1967. "Competitive Bidding with Asymmetric Information," Management Science, INFORMS, INFORMS, vol. 13(11), pages 816-820, July.
  163. Richard L. Fullerton & Bruce G. Linster & Michael McKee & Stephen Slate, 2002. "Using Auctions To Reward Tournament Winners: Theory and Experimental Investigations," RAND Journal of Economics, The RAND Corporation, vol. 33(1), pages 62-84, Spring.
  164. Isa Hafalir & Vijay Krishna, 2008. "Asymmetric Auctions with Resale," American Economic Review, American Economic Association, American Economic Association, vol. 98(1), pages 87-112, March.
  165. Vasiliki Skreta & Nicolas Figueroa, 2005. "Optimal Auction Design For Multiple Objects with Externalities," 2005 Meeting Papers, Society for Economic Dynamics 866, Society for Economic Dynamics.
  166. Sergiu Hart, 2006. "Discrete Colonel Blotto and General Lotto Games," Discussion Paper Series, The Center for the Study of Rationality, Hebrew University, Jerusalem dp434, The Center for the Study of Rationality, Hebrew University, Jerusalem.
  167. Richard L. Fullerton & R. Preston McAfee, 1999. "Auctioning Entry into Tournaments," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 107(3), pages 573-605, June.
  168. Gustavo Vulcano & Garrett van Ryzin & Costis Maglaras, 2002. "Optimal Dynamic Auctions for Revenue Management," Management Science, INFORMS, INFORMS, vol. 48(11), pages 1388-1407, November.
  169. Kaplan, Todd R & Wettstein, David, 2010. "The optimal design of rewards in contests," MPRA Paper 27397, University Library of Munich, Germany.
  170. Jehiel, Philippe & Moldovanu, Benny, 1995. "Resale Markets and the Assignment of Property Rights," CEPR Discussion Papers, C.E.P.R. Discussion Papers 1196, C.E.P.R. Discussion Papers.
  171. John Wooders & Stanley S. Reynolds, 2004. "Auctions with a Buy Price," Econometric Society 2004 North American Summer Meetings, Econometric Society 130, Econometric Society.
  172. Xu, Xiaoshu & Levin, Dan & Ye, Lixin, 2013. "Auctions with entry and resale," Games and Economic Behavior, Elsevier, Elsevier, vol. 79(C), pages 92-105.
  173. Brenner, Menachem & Galai, Dan & Sade, Orly, 2009. "Sovereign debt auctions: Uniform or discriminatory?," Journal of Monetary Economics, Elsevier, Elsevier, vol. 56(2), pages 267-274, March.
  174. René Kirkegaard, 2012. "A Mechanism Design Approach to Ranking Asymmetric Auctions," Econometrica, Econometric Society, Econometric Society, vol. 80(5), pages 2349-2364, 09.
  175. Lawrence M. Ausubel, 2004. "An Efficient Ascending-Bid Auction for Multiple Objects," American Economic Review, American Economic Association, American Economic Association, vol. 94(5), pages 1452-1475, December.
  176. Das Varma, Gopal, 2003. "Bidding for a process innovation under alternative modes of competition," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 21(1), pages 15-37, January.
  177. David McAdams, 2007. "Monotonicity in asymmetric first-price auctions with affiliation," International Journal of Game Theory, Springer, Springer, vol. 35(3), pages 427-453, February.
  178. Dana Sisak, 2009. "Multiple-Prize Contests - The Optimal Allocation Of Prizes," Journal of Economic Surveys, Wiley Blackwell, Wiley Blackwell, vol. 23(1), pages 82-114, 02.
  179. Bernard Lebrun, 1996. "Existence of an equilibrium in first price auctions (*)," Economic Theory, Springer, Springer, vol. 7(3), pages 421-443.
  180. McAdams, David, 2007. "Uniqueness in symmetric first-price auctions with affiliation," Journal of Economic Theory, Elsevier, Elsevier, vol. 136(1), pages 144-166, September.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:54656. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.