Best Foot Forward or Best for Last in a Sequential Auction?
نویسندگان
چکیده
منابع مشابه
Best foot forward or best for last in a sequential auction?
Should an informed seller of multiple goods sell the best goods first to make a favorable impression on buyers, or instead wait until buyers have learned more from earlier sales? To help answer this question we consider the sequential auction of two goods by a seller with private information about their values. We find that the seller’s sequencing strategy endogenously generates correlation in ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2001
ISSN: 1556-5068
DOI: 10.2139/ssrn.263534