{"entities":{"Q6581891":{"pageid":14193046,"ns":120,"title":"Item:Q6581891","lastrevid":55718368,"modified":"2026-02-17T21:36:33Z","type":"item","id":"Q6581891","labels":{"en":{"language":"en","value":"Participation constraints in first-price auctions"}},"descriptions":{"en":{"language":"en","value":"scientific article; zbMATH DE number 7890778"}},"aliases":{},"claims":{"P31":[{"mainsnak":{"snaktype":"value","property":"P31","hash":"fd5912e4dab4b881a8eb0eb27e7893fef55176ad","datavalue":{"value":{"entity-type":"item","numeric-id":56887,"id":"Q56887"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$E3046C4A-6614-420F-9324-CE07BA916848","rank":"normal"}],"P159":[{"mainsnak":{"snaktype":"value","property":"P159","hash":"d03658aa8f7532e2f312ce04f05fbffa662feb34","datavalue":{"value":{"text":"Participation constraints in first-price auctions","language":"en"},"type":"monolingualtext"},"datatype":"monolingualtext"},"type":"statement","id":"Q6581891$620E9A86-A10E-40D4-AA53-852FA8915D85","rank":"normal"}],"P225":[{"mainsnak":{"snaktype":"value","property":"P225","hash":"aa21b9d5c2ccd1b1f6d26b1fef43958542d02078","datavalue":{"value":"1542.91093","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q6581891$BC05051D-7B11-4FF0-A890-34F9B0050B8C","rank":"normal"}],"P16":[{"mainsnak":{"snaktype":"value","property":"P16","hash":"08f9c94dc04d54182979ff222ce41ea4f409e33c","datavalue":{"value":{"entity-type":"item","numeric-id":980951,"id":"Q980951"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$0088B4CB-9199-4B50-BAC1-66BAD7D751A4","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P16","hash":"c6b5508bd585b2a6831f823298de57703b6d7a84","datavalue":{"value":{"entity-type":"item","numeric-id":2295366,"id":"Q2295366"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$9D162C55-5CF8-44AF-83AE-C53EF105444D","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P16","hash":"92276bea78b43a40e880f78ba3a689f7934b480d","datavalue":{"value":{"entity-type":"item","numeric-id":281209,"id":"Q281209"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$AA200127-1C1B-480F-8795-98FA186F8E0B","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P16","hash":"af7821a3da1612a5023353796e7ee98966c8ccf7","datavalue":{"value":{"entity-type":"item","numeric-id":1730162,"id":"Q1730162"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$9CEB04F8-F9A7-4B6A-903F-FE0F61929844","rank":"normal"}],"P200":[{"mainsnak":{"snaktype":"value","property":"P200","hash":"ef8712371e142c87c3e57daa1955918131611e11","datavalue":{"value":{"entity-type":"item","numeric-id":267073,"id":"Q267073"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$B020669E-843A-4C8E-9271-586CC315B6D7","rank":"normal"}],"P28":[{"mainsnak":{"snaktype":"value","property":"P28","hash":"93497291d8ba3cd4ceda2bd397bb8743ea86f872","datavalue":{"value":{"time":"+2024-08-01T00:00:00Z","timezone":0,"before":0,"after":0,"precision":11,"calendarmodel":"http://www.wikidata.org/entity/Q1985727"},"type":"time"},"datatype":"time"},"type":"statement","id":"Q6581891$2338CADC-3170-4A80-9D9E-59FDCA9F7286","rank":"normal"}],"P1448":[{"mainsnak":{"snaktype":"value","property":"P1448","hash":"a021ee031a0c09d6770320b8bc426f4c4955942d","datavalue":{"value":"In this article, the authors present a general two-dimensional private setting on both values and participation costs in a first-price auction and characterize the equilibrium. Bidders can be heterogeneous in their types. The authors focus on the cutoff strategy, assuming that, all bidders participate whenever their private costs are less than or equal to the expected revenue from participating and show that there always exists an equilibrium in this general setting with two-dimensional types of ex-ante heterogeneous bidders. When bidders are ex-ante homogeneous, there is a unique symmetric equilibrium, but asymmetric equilibria may also exist. The authors provide conditions under which the equilibrium is unique (not only among symmetric ones). In the symmetric equilibrium, it is shown that the equilibrium cutoff of participation costs described above which bidders never participate, is lower when the distribution of participation costs is first-order stochastically dominated. The uniqueness is addressed in Section 4. Concluding remarks are given in Section 5.","type":"string"},"datatype":"string"},"type":"statement","id":"Q6581891$72A40B42-4C38-46A1-A776-DC49FDD0D21B","rank":"normal"}],"P1447":[{"mainsnak":{"snaktype":"value","property":"P1447","hash":"282e74ca777db233b8363bf429f8526f530a428c","datavalue":{"value":{"entity-type":"item","numeric-id":282183,"id":"Q282183"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$BE83DD16-2C6F-4D33-A8B0-D20A384282C7","rank":"normal"}],"P226":[{"mainsnak":{"snaktype":"value","property":"P226","hash":"6e419163fd9b5f210c8c0c28cdb07c2197a2bcac","datavalue":{"value":"91B26","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q6581891$6D829406-92D9-47CA-B6BE-860A453021FD","rank":"normal"}],"P1451":[{"mainsnak":{"snaktype":"value","property":"P1451","hash":"99f898bbf27199e0a4774551360423c46d434bea","datavalue":{"value":"7890778","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q6581891$0F91B6F2-3064-40DA-ADFB-8FAD203E9ADE","rank":"normal"}],"P1450":[{"mainsnak":{"snaktype":"value","property":"P1450","hash":"ef5ff921f1b5fb5e62cba1e87b4fa3ef9b9d8c12","datavalue":{"value":"existence and uniqueness","type":"string"},"datatype":"string"},"type":"statement","id":"Q6581891$58E14BA3-6F54-4867-84E1-F160709870FC","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"299e315609235426cd4ea987e49e5e789e867b9e","datavalue":{"value":"two-dimensional private information","type":"string"},"datatype":"string"},"type":"statement","id":"Q6581891$0B9F1911-9391-4F03-9DDC-DC9B90829AB2","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"f80386f5395f3ffb9bf55e7b5d974c9f45bc7e69","datavalue":{"value":"first-price auctions","type":"string"},"datatype":"string"},"type":"statement","id":"Q6581891$CFA6A1C0-DA94-4F5F-8A0E-F024F31B20C3","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"4a09fe67d918948097ab9b1ff97d9cc5cf5172a5","datavalue":{"value":"participation costs","type":"string"},"datatype":"string"},"type":"statement","id":"Q6581891$087195E4-D389-4D28-BCDB-12FCD8C1A740","rank":"normal"}],"P1460":[{"mainsnak":{"snaktype":"value","property":"P1460","hash":"57f7fea50d2ce1b39b695c4a1313582eed405e38","datavalue":{"value":{"entity-type":"item","numeric-id":5976449,"id":"Q5976449"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$0E2C8797-2DA9-4FFE-8BB4-D0821F1DAD17","rank":"normal"}],"P223":[{"mainsnak":{"snaktype":"value","property":"P223","hash":"df869e020939cf919a1296192d7c6771c8b71573","datavalue":{"value":{"entity-type":"item","numeric-id":5390571,"id":"Q5390571"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$61F33FBD-0AD8-4C32-A023-43BEC42D25DB","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"dda4eae0e2b405ec1d1fa903356f4803ca184ca3","datavalue":{"value":{"entity-type":"item","numeric-id":1276117,"id":"Q1276117"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$DD42FA08-4134-4022-BA85-E6D8625EA2A7","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"6dd21106e38d92dc9597f68a12f9f255bdf7955c","datavalue":{"value":{"entity-type":"item","numeric-id":980952,"id":"Q980952"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$67EC74C2-C823-4DEA-83A9-5CB3E7CE00A1","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"408033e6260c3f79131dc13cb96a276b1a6cda15","datavalue":{"value":{"entity-type":"item","numeric-id":1707307,"id":"Q1707307"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$B54282A6-6780-45AB-B487-467148FA6E39","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"9ee8de73e417a00aa6ec07eb6469168d8acc6204","datavalue":{"value":{"entity-type":"item","numeric-id":2384432,"id":"Q2384432"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$AAF51D57-6904-4EA7-A6EB-F2A092B23208","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"1239c7145a12f43cf56b940d8c0b2c852c7bd771","datavalue":{"value":{"entity-type":"item","numeric-id":374964,"id":"Q374964"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$BCF99062-0709-4DB9-B877-EA545D643B9A","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"e42e76acb5e1d6d1d780bd6eb35d13262c4e15bc","datavalue":{"value":{"entity-type":"item","numeric-id":4446339,"id":"Q4446339"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$4D5314C7-CFCC-4432-ABD7-BFEAF0F43DD9","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"c42a0f219251b2808b0c9d2b570f7894414b8bbe","datavalue":{"value":{"entity-type":"item","numeric-id":3655346,"id":"Q3655346"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$21C6BDAD-84C1-45FA-AB6F-B60ECBD32775","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"37d512a6144befaf229478e0543b16b257cd7948","datavalue":{"value":{"entity-type":"item","numeric-id":1416503,"id":"Q1416503"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$CF44FC74-E4CA-47AC-97BD-74C639B18B70","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"19a64fdc285c3991f941d12b31a64891af6d2f73","datavalue":{"value":{"entity-type":"item","numeric-id":375027,"id":"Q375027"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$C994B2A9-409F-4518-985E-37F85354EF37","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"8e20d956c365c229de265937674ae3ef3492ab90","datavalue":{"value":{"entity-type":"item","numeric-id":854940,"id":"Q854940"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6581891$ECD2B351-D0A4-41CE-867C-37877FBAA5F0","rank":"normal"}],"P27":[{"mainsnak":{"snaktype":"value","property":"P27","hash":"0fb7b930c7e76d9b6bc679e5d77e344039f46a6e","datavalue":{"value":"10.1007/S00182-023-00884-X","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q6581891$1D8344BB-5AB5-41AC-82AB-782D6822EF6F","rank":"normal"}],"P1643":[{"mainsnak":{"snaktype":"value","property":"P1643","hash":"900f5b148f18226a5cc1f33236febbf439ee3edf","datavalue":{"value":{"entity-type":"item","numeric-id":980952,"id":"Q980952"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"c0570f1fc5c6c169edd4455eb32127f72edfe8b6","datavalue":{"value":{"amount":"+0.9249954223632812","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q6581891$E1DEAF57-2F2E-49D8-A359-7F3840B75E7E","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"c5dc4abce36b67dfe7babf5fa9c3c4b1d8d9f665","datavalue":{"value":{"entity-type":"item","numeric-id":6594320,"id":"Q6594320"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"fe2ca47d341d665f1682e12ca5b3048e20b48816","datavalue":{"value":{"amount":"+0.8893809914588928","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q6581891$316BE209-1017-4D2C-A255-76FC62AD0E49","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"d70399cf2c46a80894c967e39f039049731a8630","datavalue":{"value":{"entity-type":"item","numeric-id":854940,"id":"Q854940"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"49fa8c07567bcf6e81f24cadb9785c4df22bb10d","datavalue":{"value":{"amount":"+0.8801959156990051","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q6581891$B9BDA5E4-ACFF-4D7D-ACDA-B178A82E74A1","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"5ff77123b5a8f9218f6c801b54cfaac88f5c94d8","datavalue":{"value":{"entity-type":"item","numeric-id":1707307,"id":"Q1707307"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"31cb6d66f38d0a6099681f3024c7cc96c7579ba5","datavalue":{"value":{"amount":"+0.8663073778152466","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q6581891$10643C20-0DFF-4690-BA51-6329D4E0A73E","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"b2230ff73ded2b32f77fb1ab7c4c636ea4d952a3","datavalue":{"value":{"entity-type":"item","numeric-id":2564733,"id":"Q2564733"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"6faa35e4f4aca8c5975070c3074a13d45022015e","datavalue":{"value":{"amount":"+0.8542267084121704","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q6581891$99EC863C-5DC0-4834-9A1A-39946B0608A7","rank":"normal"}]},"sitelinks":{"mardi":{"site":"mardi","title":"Publication:6581891","badges":[],"url":"https://portal.mardi4nfdi.de/wiki/Publication:6581891"}}}}}