| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5071475 | Games and Economic Behavior | 2016 | 32 Pages |
Abstract
We also show that less intuitive equilibria in which types are pooled are ruled out by our selection criterion. We further argue that standard selection criteria for second-price auctions have no bite here. Bidders have no dominant strategies, and the separating equilibrium is not sincere.
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Economics and Econometrics
Authors
Elnaz Bajoori, János Flesch, Dries Vermeulen,