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Existence of equilibrium in a descriminatory price auction

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  • Menezes F. M.
  • Monteiro, P. K.

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  • Menezes F. M. & Monteiro, P. K., 1996. "Existence of equilibrium in a descriminatory price auction," Mathematical Social Sciences, Elsevier, vol. 31(1), pages 60-61, February.
  • Handle: RePEc:eee:matsoc:v:31:y:1996:i:1:p:60-61
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    References listed on IDEAS

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    1. Partha Dasgupta & Eric Maskin, 1986. "The Existence of Equilibrium in Discontinuous Economic Games, I: Theory," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(1), pages 1-26.
    2. V. V. Chari & Robert J. Weber, 1992. "How the U.S. Treasury should auction its debt," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 16(Fall), pages 3-12.
    3. Michael R. Baye & Guoqiang Tian & Jianxin Zhou, 1993. "Characterizations of the Existence of Equilibria in Games with Discontinuous and Non-quasiconcave Payoffs," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 60(4), pages 935-948.
    4. Diana Dumitru & Edward J. Stevens, 1992. "Auctioning treasury securities," Economic Commentary, Federal Reserve Bank of Cleveland, issue Jun.
    5. Henry Goldstein, 1962. "The Friedman Proposal for Auctioning Treasury Bills," Journal of Political Economy, University of Chicago Press, vol. 70(4), pages 386-386.
    6. Back, Kerry & Zender, Jaime F, 1993. "Auctions of Divisible Goods: On the Rationale for the Treasury Experiment," The Review of Financial Studies, Society for Financial Studies, vol. 6(4), pages 733-764.
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    Cited by:

    1. Francisco Álvarez & Cristina Mazón, 2002. "Treasury actions: The Spanish format," Documentos de Trabajo del ICAE 0228, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
    2. Hans Haller & Yvan Lengwiler, 1998. "A discrete model of discriminatory price auctions - an alternative to Menezes-Monteiro," Finance and Economics Discussion Series 1998-08, Board of Governors of the Federal Reserve System (U.S.).
    3. Page Jr., Frank H., 1998. "Existence of optimal auctions in general environments," Journal of Mathematical Economics, Elsevier, vol. 29(4), pages 389-418, May.
    4. Raphaële Préget, 2004. "Adjudications des valeurs du Trésor," Revue Française d'Économie, Programme National Persée, vol. 18(4), pages 63-110.
    5. Ewerhart, Christian & Cassola, Nuno & Valla, Natacha, 2010. "Declining valuations and equilibrium bidding in central bank refinancing operations," International Journal of Industrial Organization, Elsevier, vol. 28(1), pages 30-43, January.
    6. Aliprantis, Charalambos D. & Tourky, Rabee & Yannelis, Nicholas C., 2001. "A Theory of Value with Non-linear Prices: Equilibrium Analysis beyond Vector Lattices," Journal of Economic Theory, Elsevier, vol. 100(1), pages 22-72, September.
    7. Yvan Lengwiler, 1999. "The multiple unit auction with variable supply," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 14(2), pages 373-392.
    8. Alvarez, Francisco & Mazon, Cristina, 2007. "Comparing the Spanish and the discriminatory auction formats: A discrete model with private information," European Journal of Operational Research, Elsevier, vol. 179(1), pages 253-266, May.
    9. Page Jr., F.H., 1997. "Existence of Optimal Auctions in General Environments," Other publications TiSEM 258e7c42-1fc1-41d2-aafb-4, Tilburg University, School of Economics and Management.
    10. Paulo B. Goes & Gilbert G. Karuga & Arvind K. Tripathi, 2010. "Understanding Willingness-to-Pay Formation of Repeat Bidders in Sequential Online Auctions," Information Systems Research, INFORMS, vol. 21(4), pages 907-924, December.

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