๐”– Bobbio Scriptorium
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A Sealed-Bid Auction That Matches the English Auction

โœ Scribed by Motty Perry; Elmar Wolfstetter; Shmuel Zamir

Book ID
115611232
Publisher
Elsevier Science
Year
2000
Tongue
English
Weight
89 KB
Volume
33
Category
Article
ISSN
0899-8256

No coin nor oath required. For personal study only.

๐Ÿ“œ SIMILAR VOLUMES

On the equivalence between descending bi
On the equivalence between descending bid auctions and first price sealed bid auctions
โœ Edi Karni ๐Ÿ“‚ Article ๐Ÿ“… 1988 ๐Ÿ› Springer US ๐ŸŒ English โš– 308 KB

Bidding the same price in descending bid auctions and in first price sealed bid auctions is equivalent to expected utility maximizing behavior, and this is equivalent to dynamically consistent bidding. The claim that, in strategic form, descending bid and first price sealed bid auctions are the same