Participation Costs and Efficient Auctions

1996/10/01 by Mark Stegeman · 5 citations
Decision Sciences · Economics, Econometrics and Finance · #Auction Theory and Applications #Economic theories and models #Game Theory and Voting Systems

paper · doi:10.1006/jeth.1996.0116

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• A small volume reduction that melts down the market: Auctions with endogenous rationing
• Optimal Auction Design under Costly Learning
• A Farewell to Arms: Sequential Reward Maximization on a Budget with a Giving Up Option
• Why a Simple Second-Price Auction Induces Efficient Endogenous Entry