𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Auctions and Bidding Models: A Survey

✍ Scribed by Richard Engelbrecht-Wiggans

Book ID
118027046
Publisher
INFORMS
Year
1980
Tongue
English
Weight
565 KB
Volume
26
Category
Article
ISSN
0025-1909

No coin nor oath required. For personal study only.

πŸ“œ SIMILAR VOLUMES

Precautionary Bidding in Auctions
Precautionary Bidding in Auctions
✍ PΓ©ter EsΓΆ; Lucy White πŸ“‚ Article πŸ“… 2004 πŸ› John Wiley and Sons 🌐 English βš– 138 KB
On the equivalence between descending bi
On the equivalence between descending bid auctions and first price sealed bid auctions
✍ Edi Karni πŸ“‚ Article πŸ“… 1988 πŸ› Springer US 🌐 English βš– 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