Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062517 | Economics Letters | 2007 | 6 Pages |
Abstract
In an English auction with multi-dimensional signals, a “reversal” may arise: an earlier dropout may be better news to the seller than a later dropout, and the expected revenue can be decreasing over some range of clock prices.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Dan Levin, James Peck, Lixin Ye,