|
|||||
|
|
Uniqueness in symmetric first-price auctions with affiliation |
|
| Authors: | David McAdams |
| Institution: | MIT Sloan School of Management, Cambridge, MA 02142, USA |
| Abstract: | The first-price auction has a unique monotone pure strategy equilibrium when there are n symmetric risk-averse bidders having affiliated types and interdependent values. |
| Keywords: | D44 |
| 本文献已被 ScienceDirect 等数据库收录！ | |