First Price Sealed-Bid Auctions with Bidders’ Heterogeneous Risk Behavior: An Adversarial Risk Analysis Approach

DOI10.1287/DECA.2023.0469MaRDI QIDQ6202808zbMATH OpenOpenAlexFDO

Authors Muhammad Ejaz

Publication date 27 February 2024

Published in Decision Analysis (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1287/deca.2023.0469

zbMATH Keywords

decision theoryadversarial risk analysisaleatory uncertaintyBayesian game theoryconcept uncertainty

Mathematics Subject Classification ID

Game theory, economics, finance, and other social and behavioral sciences (91-XX)

Recommendations

• Adversarial risk analysis for first‐price sealed‐bid auctions
• On global robustness of an adversarial risk analysis solution
• First-price sealed-bid auctions when bidders exhibit different attitudes toward risk
• Sealed bid auctions with uncertainty averse bidders
• A first-price sealed-bid asymmetric auction when two bidders have respective CRRA and general utility functions

Cited in

(2)

• Personalized pricing decisions through adversarial risk analysis
• On global robustness of an adversarial risk analysis solution

This page was built for publication: First Price Sealed-Bid Auctions with Bidders’ Heterogeneous Risk Behavior: An Adversarial Risk Analysis Approach

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q6202808)