Endogenous participation in charity auctions
نویسندگان
چکیده
منابع مشابه
Endogenous Participation in Charity Auctions
7 Article history: 8 Received 5 September 2007 9 Received in revised form 19 March 2010 10 Accepted 31 May 2010 11 Available online xxxx 1234 15
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The majority of academic papers on the Internet auction design does not distinguish between the auctioneer and the object owner, whereas nowadays leading Internet auction websites operate primarily as mediators that provide the platforms with no physical possessions of the auction objects. The role separation between the auctioneer and the object owner (seller) creates both incentive misalignme...
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Milgrom and Weber's (1982) seminal paper was a major step towards building an economic theory of auctions, on the foundations laid by the pioneering work of Vickrey (1961). In this process of building such theory economists have concentrated on the sale of a single object. One of the major concerns of theorists has been to examine the conditions under which di erent auction forms generate the s...
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In this paper, we study an auction where bidders only know the number of potential applicants. After seeing their values for the object, bidders decide whether or not to enter the auction. Players may not want to enter the auction since they have to pay participation costs. We characterize the optimal bidding strategies for both firstand secondprice sealed-bid auction when participation is endo...
متن کامل"Bucket auctions" for charity
a r t i c l e i n f o a b s t r a c t Donations in-kind can be a mixed blessing for charities, who are often more adept at solicitation than resale. Many organizations rely on raffles to turn donations into cash, but auctions are also common. Theory predicts that all-pay mechanisms should produce more revenue than winner-pay mechanisms, but the empirical literature is thin and inconclusive. Dra...
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ژورنال
عنوان ژورنال: Journal of Public Economics
سال: 2010
ISSN: 0047-2727
DOI: 10.1016/j.jpubeco.2010.05.008