Discriminatory price auctions with resale and optimal quantity caps
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DOI: 10.3982/te2939
Abstract: We present a model of a discriminatory price auction in which a large bidder competes against many small bidders, followed by a post-auction resale stage in which the large bidder is endogenously determined to be… read more here.
Keywords: price auctions; auctions resale; quantity caps; auction ... See more keywords