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Reduced Form Auctions Revisited

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  • Border, Kim C.

Abstract

This note uses Farkas's Lemma to prove new results on the implementability of general, asymmetric auctions, and to provide simpler proofs of known results for symmetric auctions. The tradeoff is that type spaces are taken to be finite.

Suggested Citation

  • Border, Kim C., 2003. "Reduced Form Auctions Revisited," Working Papers 1175, California Institute of Technology, Division of the Humanities and Social Sciences.
  • Handle: RePEc:clt:sswopa:1175
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    File URL: http://www.hss.caltech.edu/SSPapers/wp1175.pdf
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    Keywords

    asymmetric auction; reduced form auction; Farkas Lemma;

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