A Theory of Auctions and Competitive Bidding
From MaRDI portal
Publication:3948830
DOI10.2307/1911865zbMATH Open0487.90017OpenAlexW1494498837WikidataQ30050221 ScholiaQ30050221MaRDI QIDQ3948830FDOQ3948830
Authors: Paul R. Milgrom, Robert J. Weber 
Publication date: 1982
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: http://www.kellogg.northwestern.edu/research/math/papers/447.pdf
Recommendations
first-price auctionssecond-price auctioncompetitive biddingEnglish ascending auctionpreference dependent payofftheory of auctions
Cited In (only showing first 100 items - show all)
- The effects of statistically dependent values on equilibrium strategies of bilateral \(k\)-double auctions
- Comparative ross risk aversion in the presence of mean dependent risks
- The expected payoff to Internet auctions
- Optimal profit sharing mechanisms with type-dependent outside options
- Informational limitations of ascending combinatorial auctions
- English auctions with resale: an experimental study
- Expected revenue of all-pay and first-price sealed-bid auctions with affiliated signals
- All-pay auctions with risk-averse players
- Testing affiliation in private-values models of first-price auctions using grid distributions
- A Bayesian equilibrium for simultaneous first-price auctions for complementary goods and quasi-linear bids
- Auctions with a buy price
- A consistent nonparametric test of affiliation in auction models
- An experimental study of auctions with a buy price under private and common values
- Auctions with flexible entry fees: a note
- Convolution and composition of totally positive random variables in economics
- Sequential vs. single-round uniform-price auctions
- Optimal mechanism design for the private supply of a public good
- Equilibrium selection in common-value second-price auctions
- Symmetric bidding in second-price, common-value auctions
- Are there common values in first-price auctions? A tail-index nonparametric test
- Simultaneous vs. sequential auctions with risk averse bidders
- Auction-like mechanisms for pricing excludable public goods
- Asymptotic revenue equivalence in auctions
- The relationship between the allocation of goods and a seller's revenue
- Updating toward the signal
- On optimal bidding in sequential procurement auctions
- Three minimal market institutions with human and algorithmic agents: theory and experimental evidence
- On efficiency of the English auction
- Auctions with online supply
- Large common value auctions with risk averse bidders
- Asymptotic revenue equivalence of asymmetric auctions with interdependent values
- Combating online in-auction fraud: clues, techniques and challenges
- Information revelation in sequential auctions with uncertainties about future objects
- Auctions with endogenous entry
- Incentive contracting with asymmetric and imperfect precontractual knowledge
- Corrigendum to ``Reserve price signaling
- Reputation in repeated second-price auctions
- How to translate results from auctions to procurements
- Implementing efficient multi-object auction institutions: An experimental study of the performance of boundedly rational agents
- Characterization of bidding behavior in multi-unit auctions
- A weighted product method for bidding strategies in multi-attribute auctions
- The rate at which a simple market converges to efficiency as the number of traders increases: An asymptotic result for optimal trading mechanisms
- On some myths about sequenced common-value auctions
- A model of sequential auctions
- Multi-criteria auctions without full comparability of bids
- Auction choice for ambiguity-averse sellers facing strategic uncertainty
- Recombinant estimation for normal-form games, with applications to auctions and bargaining
- Auctions with dynamic populations: efficiency and revenue maximization
- The war of attrition and the revelation of valuable information
- Auctions with Opportunistic Experts
- The efficiency of linear equilibria of sealed-bid double auctions
- The willingness-to-accept/willingness-to-pay disparity in repeated markets: loss aversion or ``bad-deal aversion?
- Log-concavity of the extremes from Gumbel bivariate exponential distributions
- Sequentially optimal auctions
- An experimental analysis of auctions with interdependent valuations
- Premium auctions and risk preferences
- Bundling equilibrium in combinatorial auctions
- Optimal bidding in multi-unit auctions with many bidders
- On dominance solvable auctions in the general symmetric model
- The (sub-)optimality of the majority rule
- Search mechanisms
- The effectiveness of English auctions.
- Numerical solutions of asymmetric, first-price, independent private values auctions
- Blind portfolios' auctions in two-rounds
- Herding and the winner's curse in markets with sequential bids
- Prediction and welfare in ad auctions
- On the failure of the linkage principle with financially constrained bidders.
- Second-price common-value auctions under multidimensional uncertainty
- All-pay auctions with affiliated binary signals
- Limits of efficiency in sequential auctions
- Sequential auctions and externalities
- Equilibrium of affiliated value second price auctions with financially constrained bidders: The two-bidder case
- Voting as communicating: mandates, multiple candidates, and the signaling voter's curse
- QUANTUM AUCTIONS
- Randomization, endogeneity and laboratory experiments: the role of cash balances in private value auctions
- Common-value all-pay auctions with asymmetric information and bid caps
- Non-existence of subgame-perfect \(\varepsilon \)-equilibrium in perfect information games with infinite horizon
- Equilibrium and revenue in a family of common-value first-price auctions with differential information
- Core-stable rings in second price auctions with common values
- On the existence of Nash equilibrium in Bayesian games
- Positive Dependence and Weak Convergence
- Identification and estimation in sequential, asymmetric, English auctions
- A sequential procurement model for a PPP project pipeline
- Non-parametric estimation of sequential English auctions
- Auctions with entry
- The timing of bid placement and extent of multiple bidding: an empirical investigation using ebay online auctions
- Revenue comparison in common-value auctions: two examples
- Increasing interdependence of multivariate distributions
- Duopoly information equilibrium: Cournot and Bertrand
- Amicable divorce: Dissolving a partnership with simple mechanisms
- Semiparametric estimation in models of first-price, sealed-bid auctions with affiliation
- Semiparametric identification and estimation in multi-object, English auctions
- Information revelation in auctions with common and private values
- Deriving an estimate of the optimal reserve price: An application to British Columbian timber sales
- An analysis of the war of attrition and the all-pay auction
- All-pay auctions with pre- and post-bidding options
- Common-value auctions with discrete private information
- Conditionally independent private information in OCS wildcat auctions
- Optimal bidding in auctions of mixed populations of bidders
- Commitment in sequential auctioning: Advance listings and threshold prices
This page was built for publication: A Theory of Auctions and Competitive Bidding
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q3948830)
