Sequential auctions of endogenously valued objects

DOI10.1006/game.2000.0802zbMath0998.91016OpenAlexW1978854104MaRDI QIDQ5954143

Ian L. Gale, Mark Stegeman

Publication date: 18 February 2002

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

Full work available at URL: https://doi.org/10.1006/game.2000.0802

zbMATH Keywords

Nash equilibriummarket structuresequential auctions

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (12)

Equilibrium reserve prices in sequential ascending auctions ⋮ Budget-constrained sequential auctions with incomplete information ⋮ Limits of Efficiency in Sequential Auctions ⋮ The price of stability of envy-free equilibria in multi-buyer sequential auctions ⋮ Loss aversion in sequential auctions ⋮ Simultaneous vs. sequential auctions with risk averse bidders ⋮ Secondary markets in auctions with endogenous valuations ⋮ Bidding games and efficient allocations ⋮ Option values in sequential auctions with time-varying valuations ⋮ The declining price anomaly is not universal in multi-buyer sequential auctions (but almost is) ⋮ Risk-free bidding in complement-free combinatorial auctions ⋮ Unnamed Item

Cites Work

• Auctions with endogenous valuations: The snowball effect revisited
• Bottom-fishing and declining prices in sequential auctions
• The declining price anomaly
• A Model of the Evolution of Duopoly: Does the Asymmetry between Firms Tend to Increase or Decrease?
• Perfect Equilibrium in a Model of a Race
• Dynamic Edgeworth-Bertrand Competition

This page was built for publication: Sequential auctions of endogenously valued objects