Optimal bidding in auctions of mixed populations of bidders

DOI10.1016/J.EJOR.2011.07.047zbMATH Open1244.91043OpenAlexW2022387310MaRDI QIDQ439438FDOQ439438

Authors: Panos L. Lorentziadis 

Publication date: 16 August 2012

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2011.07.047

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zbMATH Keywords

asymmetric auctionsirrationalitygame-theoretic modeldecision-theoretic modelmixed bidder populationoptimal bidding

Mathematics Subject Classification ID

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

Cites Work

• A Theory of Auctions and Competitive Bidding
• Continuous Auctions and Insider Trading
• Optimal Auctions with Risk Averse Buyers
• Asymmetric Auctions
• Cursed Equilibrium
• The Effect of Asymmetric Bidder Size on an Auction’s Performance: Are More Bidders Always Better?
• The effect of bidders' asymmetries on expected revenue in auctions
• Evolution of smart\(_ n\) players
• Asymmetric English auctions.
• Naive bidding
• Competitive Bidding with Dependent Value Estimates
• A Study of Collusion in First-Price Auctions
• A competitive-bidding strategy
• On Optimal Bidding Strategies
• The value of information for auctioneers
• Asymptotic revenue equivalence of asymmetric auctions with interdependent values

Cited In (11)

• Bidding Behavior and Equilibrium Excursion of Uniform Price Auction Mechanism
• Optimal bidding in a uniform price auction with multi-unit demand
• Revenue deficiency under second-price auctions in a supply-chain setting
• Modeling dynamic sealed-offer \(k\)-double auctions using a mixture of distributions
• A bidding game with heterogeneous players
• Optimal bidding in auctions from a game theory perspective
• Title not available (Why is that?)
• Behavioral models for first-price sealed-bid auctions with the one-shot decision theory
• A mixed integer model of bidding strategies for outsourcing
• Title not available (Why is that?)
• Bidding to the Top: VCG and Equilibria of Position-Based Auctions

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