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On the Sub-optimality of Entry Fees in Auctions With Entry

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  • Ángel Hernando-Veciana

Abstract

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Suggested Citation

  • Ángel Hernando-Veciana, 2006. "On the Sub-optimality of Entry Fees in Auctions With Entry," Review of Economic Design, Springer;Society for Economic Design, vol. 10(1), pages 53-61, April.
  • Handle: RePEc:spr:reecde:v:10:y:2006:i:1:p:53-61
    DOI: 10.1007/s10058-006-0001-4
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    References listed on IDEAS

    as
    1. Levin, Dan & Ozdenoren, Emre, 2004. "Auctions with uncertain numbers of bidders," Journal of Economic Theory, Elsevier, vol. 118(2), pages 229-251, October.
    2. McAfee, R. Preston & McMillan, John, 1987. "Auctions with a stochastic number of bidders," Journal of Economic Theory, Elsevier, vol. 43(1), pages 1-19, October.
    3. Roger B. Myerson, 1981. "Optimal Auction Design," Mathematics of Operations Research, INFORMS, vol. 6(1), pages 58-73, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Optimal auction; Exogenous number of bidders; Reserve price; Entry fee; D44;
    All these keywords.

    JEL classification:

    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions

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