No-trade in second-price auctions with entry costs and secret reserve prices

DOI10.1016/J.ECONLET.2017.04.022zbMATH Open1396.91267OpenAlexW3122922108MaRDI QIDQ1673552FDOQ1673552

Christophe Spaenjers, Stefano Lovo

Publication date: 12 September 2018

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

Full work available at URL: https://doi.org/10.1016/j.econlet.2017.04.022

Recommendations

• Second-price auctions with private entry costs
• Equilibrium and welfare analysis in second-price auctions with resale and costly entry
• Equilibria in second-price auctions with private participation costs
• Setting Reserve Prices in Second-Price Auctions with Unobserved Bids
• Equilibria in second price auctions with participation costs
• Second-price auctions with sequential and costly participation
• Second price auctions without expected utility
• Effects of resale in second-price auctions with private participation costs
• Axiomatizations of second price auctions with a reserve price
• Simultaneous 2nd price item auctions with no-underbidding

zbMATH Keywords

entryauctionsparticipation costsreserve pricesno-trade equilibria

Mathematics Subject Classification ID

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

Cites Work

• All equilibria of the Vickrey auction.
• Participation costs and efficient auctions
• Competitive bidding with entry costs
• Equilibria in second price auctions with participation costs
• Bidding off the wall: Why reserve prices may be kept secret

Cited In (1)

• Second-price auctions with private entry costs

This page was built for publication: No-trade in second-price auctions with entry costs and secret reserve prices

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1673552)