First-price equilibrium and revenue equivalence in a sequential procurement auction model (Q2268137): Difference between revisions
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scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | First-price equilibrium and revenue equivalence in a sequential procurement auction model |
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First-price equilibrium and revenue equivalence in a sequential procurement auction model (English)
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10 March 2010
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The authors introduce a sequential procurement auction model in order to analyze the first-price corresponding equilibrium, under capacity constraints and endogenous outside applications, with possible revenue equivalences.
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auction model
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price-equilibrium
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revenue equivalence
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