Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9549489 | Economics Letters | 2005 | 6 Pages |
Abstract
We consider a class of bidding games under complete information and construct a continuum of pure and mixed strategy equilibria. As corollaries of our results, we obtain a continuum of equilibria for the N-bidder first-price auction and the N-firm Bertrand game.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Gian Luigi Albano, Alexander Matros,