Abstract
We prove an asymptotic revenue equivalence among weakly asymmetric auctions with interdependent values, in which bidders have either asymmetric utility functions or asymmetric distributions of signals.
Original language | English |
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Pages (from-to) | 496-507 |
Number of pages | 12 |
Journal | European Journal of Operational Research |
Volume | 206 |
Issue number | 2 |
DOIs | |
State | Published - 16 Oct 2010 |
Keywords
- Asymmetric auctions
- Interdependent values
- Perturbation analysis
- Revenue equivalence
ASJC Scopus subject areas
- General Computer Science
- Modeling and Simulation
- Management Science and Operations Research
- Information Systems and Management