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Revenue and efficiency in multi-unit uniform-price auctions
- 1.0326637 - NHU-C 2010 RIV CZ eng J - Journal Article
Břeský, Michal
Revenue and efficiency in multi-unit uniform-price auctions.
CERGE-EI Working Paper Series. -, č. 384 (2009), s. 1-39. ISSN 1211-3298
Institutional research plan: CEZ:MSM0021620846
Keywords : multi-unit auction * multiple-object auction * market efficiency * optimal selling mechanism
Subject RIV: AH - Economics
http://www.cerge-ei.cz/pdf/wp/Wp384.pdf
I this study I show that in a private value multi-unit uniform-price auction, the reservation price increases both the efficiency and revenue.
Permanent Link: http://hdl.handle.net/11104/0173678
File Download Size Commentary Version Access Wp384.pdf 0 528.1 KB Publisher’s postprint open-access
Number of the records: 1