The declining price anomaly is not universal in multi-buyer sequential auctions (but almost is)

DOI10.1007/s00224-021-10059-4zbMath1493.91058MaRDI QIDQ5918703

Adrian Vetta, Vishnu V. Narayan, Enguerrand Prebet

Publication date: 21 June 2022

Published in: Theory of Computing Systems (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00224-021-10059-4

zbMATH Keywords

sequential auctions; declining price anomaly

Mathematics Subject Classification ID

91B26: Auctions, bargaining, bidding and selling, and other market models

91-05: Experimental work for problems pertaining to game theory, economics, and finance

Uses Software

• MersenneTwister