Resale in second-price auctions with costly participation
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DOI: 10.1016/j.ijindorg.2017.06.009
Abstract: We study sealed-bid second-price auctions with costly participation and resale. Each bidder chooses to participate in the auction if her valuation is higher than her optimally chosen participation cutoff. If resale is not allowed and… read more here.
Keywords: price auctions; participation; auctions costly; costly participation ... See more keywords