First?price auctions when the ranking of valuations is common knowledge
نویسندگان
چکیده
منابع مشابه
First{Price Auctions when the Ranking of Valuations is Common Knowledge
We consider an augmented version of the symmetric private value auction model with independent types. The augmentation, intended to illustrate reality, concerns information bidders have about their opponents. To the standard assumption that every bidder knows his type and the distribution of types is common knowledge we add the assumption that the ranking of bidders' valuations is common knowle...
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ژورنال
عنوان ژورنال: Review of Economic Design
سال: 2001
ISSN: 1434-4742,1434-4750
DOI: 10.1007/s100580100039