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Asymptotic revenue equivalence of asymmetric auctions with interdependent values

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  • Fibich, Gadi
  • Gavious, Arieh

Abstract

We prove an asymptotic revenue equivalence among weakly asymmetric auctions with interdependent values, in which bidders have either asymmetric utility functions or asymmetric distributions of signals.

Suggested Citation

  • Fibich, Gadi & Gavious, Arieh, 2010. "Asymptotic revenue equivalence of asymmetric auctions with interdependent values," European Journal of Operational Research, Elsevier, vol. 206(2), pages 496-507, October.
    • Handle: RePEc:eee:ejores:v:206:y:2010:i:2:p:496-507
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    References listed on IDEAS

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    Cited by:

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    2. Lorentziadis, Panos L., 2012. "Optimal bidding in auctions of mixed populations of bidders," European Journal of Operational Research, Elsevier, vol. 217(3), pages 653-663.

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