Article ID Journal Published Year Pages File Type
9549562 Economics Letters 2005 6 Pages PDF
Abstract
We examine the efficiency and revenue properties of an asymmetric discriminatory auction with two bidders and two objects. While inefficient, a discriminatory auction may result in higher expected revenue than the efficient Vickrey auction.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Auction form preference and inefficiency of asymmetric discriminatory auctions
Authors
, , ,