Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
957344 | Journal of Economic Theory | 2007 | 23 Pages |
Abstract
The first-price auction has a unique monotone pure strategy equilibrium when there are n symmetric risk-averse bidders having affiliated types and interdependent values.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
David McAdams,