| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5061443 | Economics Letters | 2010 | 4 Pages |
Abstract
In a sequence of first-price auctions with stable private values bidders strategically conceal their private information until the last auction. We characterize equilibrium bidding and explore how such signal jamming affects the dynamics of equilibrium prices.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Wei Ding, Thomas D. Jeitschko, Elmar G. Wolfstetter,