On the superiority of the multiple round ascending bid auction

  • Fernando Branco*
  • *Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

6 Citations (Scopus)

Abstract

I compare the equilibria of standard auctions for two objects when there are unit and bundle bidders. In the example considered, the multiple round ascending bid auction performs better than the other mechanisms in both revenue and efficiency.

Original languageEnglish
Pages (from-to)187-194
Number of pages8
JournalEconomics Letters
Volume70
Issue number2
DOIs
Publication statusPublished - Feb 2001

Keywords

  • D44
  • FCC auctions

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