Indicative bidding and a theory of two-stage auctions

DOI10.1016/J.GEB.2005.12.004zbMath1154.91419OpenAlexW2071854262MaRDI QIDQ864895

Lixin Ye

Publication date: 13 February 2007

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.geb.2005.12.004

zbMATH Keywords

auctionsefficient entryindicative biddingtwo-stage auctions

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (28)

Auctions with entry and resale ⋮ A pre-emption model of mergers ⋮ Pre-play communication in procurement auctions: silence is not golden ⋮ Auctions with selective entry ⋮ Gender effects in private value auctions ⋮ Dual sourcing with price discovery ⋮ Procurement with costly bidding, optimal shortlisting, and rebates ⋮ I want to tell you? Maximizing revenue in first-price two-stage auctions ⋮ A class of two-stage distributionally robust games ⋮ Two results on auctions with endogenous entry ⋮ Efficient investment in a dynamic auction environment ⋮ Sequential information disclosure in auctions ⋮ Indicative bidding: An experimental analysis ⋮ Auction design with shortlisting when value discovery is covert ⋮ On the informed seller problem: optimal information disclosure ⋮ What model for entry in first-price auctions? A nonparametric approach ⋮ Inference of bidders' risk attitudes in ascending auctions with endogenous entry ⋮ Efficiency levels in sequential auctions with dynamic arrivals ⋮ OPTIMAL TIMING AND EQUILIBRIUM PRICE FOR SOE PROPERTY RIGHTS TRANSFER UNDER IMPERFECT INFORMATION ⋮ Empirical relevance of ambiguity in first-price auctions ⋮ Identification and estimation of risk aversion in first-price auctions with unobserved auction heterogeneity ⋮ Information acquisition in auctions: Sealed bids vs. open bids ⋮ AUCTION–LOTTERY HYBRID MECHANISMS: STRUCTURAL MODEL AND EMPIRICAL ANALYSIS ⋮ Optimal auctions with information acquisition ⋮ A sequential auction-bargaining procurement model ⋮ Costly auction entry, royalty payments, and the optimality of asymmetric designs ⋮ Risky procurement with an insider bidder ⋮ Pre-contest communication incentives

Cites Work

• Competitive bidding with entry costs
• Auctions with entry
• A sealed-bid auction that matches the English auction
• Equilibria in open common value auctions
• A Model of Rational Competitive Bidding
• Discontinuous Games and Endogenous Sharing Rules
• Allocation Mechanisms and the Design of Auctions
• A Theory of Auctions and Competitive Bidding
• Optimal Auction Design
• A Bidding Model of Perfect Competition
• Communication and Equilibrium in Discontinuous Games of Incomplete Information
• Optimal auctions revisited

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