Inefficient ex-post equilibria in efficient auctions
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Publication:1411102
DOI10.1007/s00199-002-0317-4zbMath1044.91018MaRDI QIDQ1411102
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
91B26: Auctions, bargaining, bidding and selling, and other market models
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Ex post implementation, Equilibrium selection in interdependent value auctions, Equilibrium selection in common-value second-price auctions