Auctions with weakley asymmetric interdependent values

Gadi Fibich, Arieh Gavious, Aner Sela

Research output: Working paper/PreprintDiscussion paper

Abstract

We study second price auctions with weakly asymmetric interdependent values where bidders' signals for the value are independently and identically distributed. We also prove an asymptotic revenue equivalence among all standard auctions with weakly asymmetric interdependent values.
Original languageEnglish
Place of PublicationBeer Sheva
Publisherהוצאת אוניברסיטת בן-גוריון בנגב
Number of pages26
StatePublished - 2003

Publication series

NameDiscussion paper series (Monaster Center for Economic Research. Ben-Gurion University of the Negev)
PublisherMonaster Center for Economic Research. Ben-Gurion University of the Negev
Volume3-09

Keywords

  • Weakly assymetric auctions
  • interdependent values
  • perturbation analysis

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