The declining price anomaly
From MaRDI portal
Publication:1802044
DOI10.1006/jeth.1993.1041zbMath0772.90008MaRDI QIDQ1802044
R. Preston McAfee, Daniel R. Vincent
Publication date: 11 October 1993
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1006/jeth.1993.1041
91B24: Microeconomic theory (price theory and economic markets)
91B26: Auctions, bargaining, bidding and selling, and other market models
Related Items
Unnamed Item, Sequential auctions of endogenously valued objects, The declining price anomaly is not universal in multi-buyer sequential auctions (but almost is), Loss aversion in sequential auctions, Non-parametric estimation of sequential English auctions, Revenue-maximizing Dutch auctions with discrete bid levels, A note on sequential auctions with multi-unit demand, Sequential auctions, price trends, and risk preferences, Declining prices in sequential auctions with complete revelation of bids, Signal jamming in a sequential auction, On some myths about sequenced common-value auctions, A learning approach to auctions, A two stage sequential auction with multi-unit demands, Sequential auctions with delay costs. A two-period model, Sequentially optimal auctions, Sequential auctions with synergies: An example, Sequential auctions with capacity constraints: an experimental investigation, Sequential auctions of heterogeneous objects, The changing of common priors in sequential auctions, Simultaneous vs. sequential auctions with risk averse bidders, Reserve prices in repeated auctions, A comparative analysis of multi-unit sequential auction under optimal reserve, Equilibrium reserve prices in sequential ascending auctions, Equilibrium price paths in sequential auctions with stochastic supply, Learning to bid in sequential Dutch auctions, Equivalence and revenue comparison among identical-item auctions, Sequential auctions with ambiguity, First-price equilibrium and revenue equivalence in a sequential procurement auction model, Equilibrium of a sequence of auctions when bidders demand multiple items, Auctions with online supply, Budget-constrained sequential auctions with incomplete information, Design of discrete Dutch auctions with an uncertain number of bidders, The price of stability of envy-free equilibria in multi-buyer sequential auctions, Uninformed bidding in sequential auctions