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Equilibria in a multi-object uniform price sealed bid auction with multi-unit demands

✍ Scribed by Charles Noussair


Publisher
Springer
Year
1995
Tongue
English
Weight
676 KB
Volume
5
Category
Article
ISSN
0938-2259

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## Abstract Demand reduction in Uniform‐price and English auctions are strategic reactions by participants to reduce price and thus increase potential profits. Laboratory experiments similar to the field experiments performed by List and Reiley (__Am. Econ. Rev__. 2000; **9**(4): 961–972) in which