Equilibrium of affiliated value second price auctions with financially constrained bidders: The two-bidder case (Q1864800)

From MaRDI portal





scientific article; zbMATH DE number 1886670
Language Label Description Also known as
default for all languages
No label defined
    English
    Equilibrium of affiliated value second price auctions with financially constrained bidders: The two-bidder case
    scientific article; zbMATH DE number 1886670

      Statements

      Equilibrium of affiliated value second price auctions with financially constrained bidders: The two-bidder case (English)
      0 references
      0 references
      0 references
      23 March 2003
      0 references
      Affiliated-value second-price auctions with two financially constrained bidders are studied. The existence of a symmetric equilibrium is proved under general conditions. Comparative statics results are provided.
      0 references
      second price auction
      0 references
      affiliated values
      0 references
      financially constrained bidders
      0 references

      Identifiers