๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

A Note on Auction Quotas with a Foreign Duopoly*

โœ Scribed by Ling Hui Tan

Book ID
108526998
Publisher
John Wiley and Sons
Year
2001
Tongue
English
Weight
378 KB
Volume
53
Category
Article
ISSN
0307-3378

No coin nor oath required. For personal study only.

๐Ÿ“œ SIMILAR VOLUMES

A note on expected rent in auction theor
A note on expected rent in auction theory
โœ Xiaohu Li ๐Ÿ“‚ Article ๐Ÿ“… 2005 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 148 KB

The expected rent in a reverse (buyer's) auction is shown to be monotonically nonincreasing in the number of bidders if the distribution of valuations is DRHR (IFR). Conditions under which an increase in the spread of bids results in an increase in the expected rent are established as well.