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

DOI10.1006/GAME.2001.0896MaRDI QIDQ1864800zbMATHOpenAlexFDO

Authors Hanming Fang, Sérgio O. Parreiras

Publication date 23 March 2003

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://semanticscholar.org/paper/2cb3d523ef3f5a1522d52dbc987f582845417521

zbMATH Keywords

second price auctionaffiliated valuesfinancially constrained bidders

Mathematics Subject Classification ID

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

Cites work

• scientific article; zbMATH DE number 3669036 (Why is no real title available?)
• scientific article; zbMATH DE number 3292104 (Why is no real title available?)
• A Theory of Auctions and Competitive Bidding
• An analysis of the war of attrition and the all-pay auction
• Expected revenue of all-pay auctions and first-price sealed-bid auctions with budget constraints
• High bids and broke winners
• Multiple-object auctions with budget constrained bidders
• Standard Auctions with Financially Constrained Bidders
• Strategic Jump Bidding in English Auctions
• Uniqueness and existence of equilibrium in auctions with a reserve price

Cited in

(12)

• Efficient ex post implementable auctions and English auctions for bidders with non-quasilinear preferences
• Budget constraints in homogenous multi-unit auctions
• Second-price common-value auctions under multidimensional uncertainty
• On the continuous equilibria of affiliated-value, all-pay auctions with private budget constraints
• Simultaneous ascending auctions with complementarities and known budget constraints
• Endogenous budget constraints in auctions
• Equilibrium in the two-player, \(k\)-double auction with affiliated private values
• The war of attrition and the revelation of valuable information
• Simultaneous auctions with budgets: equilibrium existence and characterization
• Mechanism design with budget constraints and a population of agents
• Endogenous budget constraints
• On the failure of the linkage principle with financially constrained bidders.

This page was built for publication: Equilibrium of affiliated value second price auctions with financially constrained bidders: The two-bidder case

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1864800)