Auctions with a random number of identical bidders |
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Authors: | Moshe Haviv Igal Milchtaich |
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Institution: | a Department of Statistics and Center for Rationality, The Hebrew University of Jerusalem, 91905 Jerusalem, Israelb Department of Economics, Bar-Ilan University, Ramat Gan 52900, Israel |
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Abstract: | We examine and compare the (normally, mixed) symmetric equilibrium bidding strategies in first-price and all-pay common value multiple item auctions with a random number of bidders, who only seek one of the identical items and have the same budget. |
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Keywords: | D4 |
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