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 language | English |
|---|---|
| Pages (from-to) | 187-194 |
| Number of pages | 8 |
| Journal | Economics Letters |
| Volume | 70 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - Feb 2001 |
Keywords
- D44
- FCC auctions