Revenue equivalence in asymmetric auctions

Gadi Fibich; Arieh Gavious; Aner Sela

doi:10.1016/S0022-0531(03)00251-5

Revenue equivalence in asymmetric auctions

Gadi Fibich
, Arieh Gavious
, Aner Sela

Research output: Contribution to journal › Article › peer-review

36 Scopus citations

Abstract

The Revenue Equivalence Theorem is generalized to the case of asymmetric auctions in which each player's valuation is drawn independently from a common support according to his/her distribution function.

Original language	English
Pages (from-to)	309-321
Number of pages	13
Journal	Journal of Economic Theory
Volume	115
Issue number	2
DOIs	https://doi.org/10.1016/S0022-0531(03)00251-5
State	Published - 1 Jan 2004

Keywords

Asymmetric auctions
Perturbation analysis
Revenue equivalence

ASJC Scopus subject areas

Economics and Econometrics

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10.1016/S0022-0531(03)00251-5

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title = "Revenue equivalence in asymmetric auctions",

abstract = "The Revenue Equivalence Theorem is generalized to the case of asymmetric auctions in which each player's valuation is drawn independently from a common support according to his/her distribution function.",

keywords = "Asymmetric auctions, Perturbation analysis, Revenue equivalence",

author = "Gadi Fibich and Arieh Gavious and Aner Sela",

year = "2004",

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language = "English",

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AU - Gavious, Arieh

AU - Sela, Aner

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N2 - The Revenue Equivalence Theorem is generalized to the case of asymmetric auctions in which each player's valuation is drawn independently from a common support according to his/her distribution function.

AB - The Revenue Equivalence Theorem is generalized to the case of asymmetric auctions in which each player's valuation is drawn independently from a common support according to his/her distribution function.

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KW - Perturbation analysis

KW - Revenue equivalence

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DO - 10.1016/S0022-0531(03)00251-5

M3 - Article

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VL - 115

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Revenue equivalence in asymmetric auctions

Abstract

Keywords

ASJC Scopus subject areas

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