Inefficient ex-post equilibria in efficient auctions

DOI10.1007/S00199-002-0317-4MaRDI QIDQ1411102zbMATH OpenOpenAlexFDO

Authors Oleksii Birulin

Publication date 16 October 2003

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00199-002-0317-4

zbMATH Keywords

AuctionEfficiencyEx-post equilibriumVCG mechnism

Mathematics Subject Classification ID

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

Recommendations

• Asymmetric English auctions.
• The effectiveness of English auctions.
• On efficiency of the English auction
• Efficient Auctions
• Efficient ex post implementable auctions and English auctions for bidders with non-quasilinear preferences

Cited in

(8)

• English auctions with ensuing risks and heterogeneous bidders
• Equilibrium selection in interdependent value auctions
• Efficient ex post implementable auctions and English auctions for bidders with non-quasilinear preferences
• Equilibrium selection in common-value second-price auctions
• Explaining deviations from equilibrium in auctions with avoidable fixed costs
• Efficient Auctions
• scientific article; zbMATH DE number 6314686 (Why is no real title available?)
• Ex post implementation

This page was built for publication: Inefficient ex-post equilibria in efficient auctions

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1411102)