Auctions with imperfect commitment when the reserve may serve as a signal
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- Byoung Heon Jun & Elmar G. Wolfstetter, 2014. "Auctions with Imperfect Commitment when the Reserve May Serve as a Signal," CESifo Working Paper Series 4586, CESifo Group Munich.
References listed on IDEAS
- Bagwell, Kyle, 1995. "Commitment and observability in games," Games and Economic Behavior, Elsevier, vol. 8(2), pages 271-280.
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- 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 42, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
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More about this item
KeywordsAuctions; mechanism design;
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- D45 - Microeconomics - - Market Structure, Pricing, and Design - - - Rationing; Licensing
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2013-11-16 (All new papers)
- NEP-CTA-2013-11-16 (Contract Theory & Applications)
- NEP-MIC-2013-11-16 (Microeconomics)
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