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Strategic ignorance in a second-price auction

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Publication:429138
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DOI10.1016/J.ECONLET.2011.09.036zbMATH Open1241.91055OpenAlexW2085000267MaRDI QIDQ429138FDOQ429138


Authors: David McAdams Edit this on Wikidata


Publication date: 26 June 2012

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

Full work available at URL: https://doi.org/10.1016/j.econlet.2011.09.036




Recommendations

  • Bidding in a possibly common-value auction
  • Strategic behavior in dynamic auctions
  • No-trade in second-price auctions with entry costs and secret reserve prices
  • Second price auctions without expected utility
  • A Theory of Auctions and Competitive Bidding


zbMATH Keywords

entryinformation acquisitionsecond-price auctionignorance


Mathematics Subject Classification ID

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


Cites Work

  • The value of information in a sealed-bid auction
  • Coordination in auctions with entry
  • Competitive bidding with entry costs
  • Competitive bidding and proprietary information


Cited In (1)

  • Strategic behavior in dynamic auctions





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