Revealing information in auctions: The optimal auction versus the second-price auction
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DOI: 10.1016/j.econlet.2021.109895
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More about this item
Keywords
Information disclosure; Auctions; Independent private value; Convexity;All these keywords.
JEL classification:
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
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