A note on k-price auctions with complete information
نویسنده
چکیده
Under complete information, for k 3, a seller of a single-unit k-price auction obtains higher revenue than in a first or second price auction when the valuations and the bids are discrete and no bidder is using a (weakly) dominated strategy. 2002 Elsevier Science (USA). All rights reserved. JEL classification: C72; D44
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ورودعنوان ژورنال:
- Games and Economic Behavior
دوره 41 شماره
صفحات -
تاریخ انتشار 2002