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Inefficient ex-post equilibria in efficient auctions

✍ Scribed by Oleksii Birulin

Book ID
105866173
Publisher
Springer
Year
2003
Tongue
English
Weight
124 KB
Volume
22
Category
Article
ISSN
0938-2259

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Intuitive and noncompetitive equilibria
Intuitive and noncompetitive equilibria in weakly efficient auctions with entry costs
✍ Antonio Miralles πŸ“‚ Article πŸ“… 2008 πŸ› Elsevier Science 🌐 English βš– 445 KB

I study weakly efficient auctions with entry costs, under the IPV assumption, following Tan and Yilankaya [Tan, G., Yilankaya, O., 2006. Equilibria in second price auctions with participation costs. Journal of Economic Theory 130, 205-219]. First, I generalize their Proposition 4 to what I call (gen