Ranking equilibrium competition in auctions with participation costs

DOI10.1016/J.ECONLET.2017.02.003MaRDI QIDQ1672893zbMATH OpenOpenAlexFDO

Authors Daniel Zhiyun Li

Publication date 11 September 2018

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL http://dro.dur.ac.uk/20863/1/20863.pdf

zbMATH Keywords

competitionauctionsparticipation costsfirst order stochastic dominanceconcave distribution

Mathematics Subject Classification ID

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

Recommendations

• Equilibria in second price auctions with participation costs
• Equilibria in first price auctions with participation costs
• Equilibria in second-price auctions with private participation costs
• Participation costs and efficient auctions
• Participation in auctions

Cites work

• Auctions with entry
• Competitive bidding with entry costs
• Equilibria in first price auctions with participation costs
• Equilibria in second price auctions with participation costs
• Optimal advertising of auctions
• Optimal search auctions

Cited in

(7)

• Equilibrium competition, social welfare and corruption in procurement auctions
• Intuitive and noncompetitive equilibria in weakly efficient auctions with entry costs
• Participation and welfare in auctions with default
• Revenue ranking of optimally biased contests: the case of two players
• Contests with rank-order spillovers
• Equilibria in first price auctions with participation costs
• Bidding to the Top: VCG and Equilibria of Position-Based Auctions

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