Equilibrium price paths in sequential auctions with stochastic supply

DOI10.1016/S0165-1765(99)00066-XzbMath1016.91039OpenAlexW3125696735WikidataQ57443311 ScholiaQ57443311MaRDI QIDQ1960355

Thomas D. Jeitschko

Publication date: 12 January 2000

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1765(99)00066-x

zbMATH Keywords

sequential auctionsdeclining price anomalycuctions

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items

Equilibrium reserve prices in sequential ascending auctions, Fat tails arise endogenously from supply/demand, with or without jump processes, Two ways to auction off an uncertain good, Information revelation in sequential auctions with uncertainties about future objects, Sequential auctions of heterogeneous objects, Second chance offers in auctions, Loss aversion in sequential auctions, A decision support framework for evaluating revenue performance in sequential purchase contexts, Uninformed bidding in sequential auctions, Sequential auctions with imperfect quantity commitment, Sequential auctions with ambiguity, Reserve prices in repeated auctions, First-price equilibrium and revenue equivalence in a sequential procurement auction model, Declining prices in sequential auctions with complete revelation of bids, Signal jamming in a sequential auction, Commitment in sequential auctioning: Advance listings and threshold prices, Auctions with online supply

Cites Work

• Sequential auctions of stochastically equivalent objects
• Bottom-fishing and declining prices in sequential auctions
• The declining price anomaly