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Bidding in Auctions with Multiplicative Lognormal Errors: An Example

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  • Richard Engelbrecht-Wiggans

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  • Richard Engelbrecht-Wiggans, 1979. "Bidding in Auctions with Multiplicative Lognormal Errors: An Example," Cowles Foundation Discussion Papers 500R, Cowles Foundation for Research in Economics, Yale University.
  • Handle: RePEc:cwl:cwldpp:500r
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    File URL: https://cowles.yale.edu/sites/default/files/files/pub/d05/d0500-r.pdf
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    References listed on IDEAS

    as
    1. Engelbrecht-Wiggans & Robert J. Weber, 1979. "On the Non-Existence of Multiplicative Equilibrium Bidding Strategies," Cowles Foundation Discussion Papers 523, Cowles Foundation for Research in Economics, Yale University.
    2. Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
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