How bidder's number affects optimal reserve price in first-price auctions under risk aversion
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- Qiao, Yu & Labi, Samuel & Fricker, Jon D., 2021. "Does highway project bundling policy affect bidding competition? Insights from a mixed ordinal logistic model," Transportation Research Part A: Policy and Practice, Elsevier, vol. 145(C), pages 228-242.
- Kim, Dong-Hyuk, 2015. "Nonparametric estimation of utility function in first-price sealed-bid auctions," Economics Letters, Elsevier, vol. 126(C), pages 101-106.
- Shachat, Jason & Tan, Lijia, 2019. "How Auctioneers Set Ex-Ante and Ex-Post Reserve Prices in English Auctions," MPRA Paper 96225, University Library of Munich, Germany.
- Vasserman, Shoshana & Watt, Mitchell, 2021. "Risk aversion and auction design: Theoretical and empirical evidence," International Journal of Industrial Organization, Elsevier, vol. 79(C).
- Priyodorshi Banerjee & Shashwat Khare & P. Srikant, 2018. "Learning to Set the Reserve Price Optimally in Laboratory First Price Auctions," Games, MDPI, vol. 9(4), pages 1-16, October.
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Keywords
Bidder number Risk aversion Reserve price Independent private value First-price auction;Statistics
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