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Goethe's Second-Price Auction

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  • Benny Moldovanu
  • Manfred Tietzel

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Suggested Citation

  • Benny Moldovanu & Manfred Tietzel, 1998. "Goethe's Second-Price Auction," Journal of Political Economy, University of Chicago Press, vol. 106(4), pages 854-859, August.
    • Handle: RePEc:ucp:jpolec:v:106:y:1998:i:4:p:854-859
    DOI: 10.1086/250032
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    References listed on IDEAS

    as
    1. William Vickrey, 1961. "Counterspeculation, Auctions, And Competitive Sealed Tenders," Journal of Finance, American Finance Association, vol. 16(1), pages 8-37, March.
    2. Rosen, Sherwin, 1981. "The Economics of Superstars," American Economic Review, American Economic Association, vol. 71(5), pages 845-858, December.
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    Citations

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    Cited by:

    1. Lengwiler, Yvan & Wolfstetter, Elmar, 2000. "Auctions and corruption," SFB 373 Discussion Papers 2000,40, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
    2. Yvan Lengwiler & Elmar G. Wolfstetter, 2005. "Bid Rigging – An Analysis of Corruption in Auctions," CESifo Working Paper Series 1488, CESifo.
    3. Charles Z. Zheng, 2016. "Goethe's secret reserve price," International Journal of Economic Theory, The International Society for Economic Theory, vol. 12(1), pages 41-48, March.
    4. David Lucking-Reiley, 2000. "Vickrey Auctions in Practice: From Nineteenth-Century Philately to Twenty-First-Century E-Commerce," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 183-192, Summer.
    5. Beck, Jonathan, 2008. "Diderot´s rule," Discussion Papers, Research Unit: Competition and Innovation SP II 2008-13, WZB Berlin Social Science Center.
    6. Ran Canetti & Amos Fiat & Yannai A. Gonczarowski, 2023. "Zero-Knowledge Mechanisms," Papers 2302.05590, arXiv.org.
    7. Lengwiler, Yvan & Wolfstetter, Elmar, 2010. "Auctions and corruption: An analysis of bid rigging by a corrupt auctioneer," Journal of Economic Dynamics and Control, Elsevier, vol. 34(10), pages 1872-1892, October.
    8. Laurent Lamy, 2009. "Ascending auctions: some impossibility results and their resolutions with final price discounts," Working Papers halshs-00575076, HAL.
    9. James Berry & Greg Fischer & Raymond Guiteras, 2020. "Eliciting and Utilizing Willingness to Pay: Evidence from Field Trials in Northern Ghana," Journal of Political Economy, University of Chicago Press, vol. 128(4), pages 1436-1473.
    10. Knorr Andreas & Schulz Christina, 2004. "Die Neuregelung der Buchpreisbindung in Deutschland – Eine wettbewerbspolitische Analyse," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 55(1), pages 235-268, January.
    11. Kirill Kozlov & Guennady Ougolnitsky, 2022. "A Game Theoretic Model of Struggle with Corruption in Auctions: Computer Simulation," Mathematics, MDPI, vol. 10(19), pages 1-11, October.
    12. Axel Ockenfels, 2002. "New Institutional Structures on the Internet: The Economic Design of Online Auctions," Papers on Strategic Interaction 2002-08, Max Planck Institute of Economics, Strategic Interaction Group.
    13. Mardi Dungey & Ali Ghahremanlou & Ngo Van Long, 2017. "Strategic Bidding of Electric Power Generating Companies: Evidence from the Australian National Energy Market," CESifo Working Paper Series 6819, CESifo.
    14. Urs Birchler, 2002. "Poets as consultants? Economic contract theory in German literature," University of St. Gallen Department of Economics working paper series 2002 2002-10, Department of Economics, University of St. Gallen.
    15. Lehmann-Waffenschmidt, Marco, 2004. "Die ökonomische Botschaft in Goethes "Faust"," Dresden Discussion Paper Series in Economics 06/04, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
    16. Juan I. Beccuti, 2014. "Optimal Selling Mechanisms under Imperfect Commitment," Diskussionsschriften dp1401, Universitaet Bern, Departement Volkswirtschaft.

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