Optimal Auction Design and Irrelevance of Privacy of Information
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Fleckinger, Pierre, 2007.
"Informed principal and countervailing incentives,"
Economics Letters, Elsevier, vol. 94(2), pages 240-244, February.
- Pierre Fleckinger, 2007. "Informed Principal and Countervailing Incentives," Post-Print hal-00607075, HAL.
- Pierre Fleckinger, 2007. "Informed Principal and Countervailing Incentives," PSE-Ecole d'économie de Paris (Postprint) hal-00607075, HAL.
- Yilankaya, Okan, 1999. "A Note on the Seller's Optimal Mechanism in Bilateral Trade with Two-Sided Incomplete Information," Journal of Economic Theory, Elsevier, vol. 87(1), pages 267-271, July.
- Vasiliki Skreta, 2011.
"On the informed seller problem: optimal information disclosure,"
Review of Economic Design, Springer;Society for Economic Design, vol. 15(1), pages 1-36, March.
- Vasiliki Skreta, 2007. "On the Informed Seller Problem: Optimal Information Disclosure," Levine's Bibliography 122247000000001789, UCLA Department of Economics.
- Vasiliki Skreta, 2008. "On the Informed Seller Problem: Optimal Information Disclosure," Working Papers 08-10, New York University, Leonard N. Stern School of Business, Department of Economics.
- Vasiliki Skreta, 2007. "On the Informed Seller Problem: Optimal Information Disclosure," Levine's Bibliography 843644000000000222, UCLA Department of Economics.
- Yeon-Koo Che & Jinwoo Kim, 2006. "Robustly Collusion-Proof Implementation," Econometrica, Econometric Society, vol. 74(4), pages 1063-1107, July.
- Beaudry, Paul, 1994. "Why an Informed Principal May Leave Rents to an Agent," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 35(4), pages 821-832, November.
- Krishna, Vijay, 2009.
"Auction Theory,"
Elsevier Monographs,
Elsevier,
edition 2, number 9780123745071.
- Krishna, Vijay, 2002. "Auction Theory," Elsevier Monographs, Elsevier, edition 1, number 9780124262973.
- Myerson, Roger B. & Satterthwaite, Mark A., 1983.
"Efficient mechanisms for bilateral trading,"
Journal of Economic Theory, Elsevier, vol. 29(2), pages 265-281, April.
- Roger B. Myerson & Mark A. Satterthwaite, 1981. "Efficient Mechanisms for Bilateral Trading," Discussion Papers 469S, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Chade, Hector & Silvers, Randy, 2002.
"Informed principal, moral hazard, and the value of a more informative technology,"
Economics Letters, Elsevier, vol. 74(3), pages 291-300, February.
- Hector Chade & Randolph Silvers, "undated". "Informed Principal, Moral Hazard, and the Value of a More Informative Technology," Working Papers 2133302, Department of Economics, W. P. Carey School of Business, Arizona State University.
- Isa Hafalir & Vijay Krishna, 2008. "Asymmetric Auctions with Resale," American Economic Review, American Economic Association, vol. 98(1), pages 87-112, March.
- Jean-Jacques Laffont & David Martimort, 1997.
"Collusion under Asymmetric Information,"
Econometrica, Econometric Society, vol. 65(4), pages 875-912, July.
- Laffont, J.J. & Martimort, D., 1996. "Collusion Under Asymmetric Information," Papers 95.389, Toulouse - GREMAQ.
- J.J. Laffont & D. Martimort, 1997. "Collusion under asymmetric information [[Collusion en information asymétrique]]," Post-Print hal-02686625, HAL.
- Milgrom, Paul & Shannon, Chris, 1994.
"Monotone Comparative Statics,"
Econometrica, Econometric Society, vol. 62(1), pages 157-180, January.
- Milgrom, P. & Shannon, C., 1991. "Monotone Comparative Statics," Papers 11, Stanford - Institute for Thoretical Economics.
- Haile, Philip A., 2003. "Auctions with private uncertainty and resale opportunities," Journal of Economic Theory, Elsevier, vol. 108(1), pages 72-110, January.
- Philip J. Reny, 2011.
"On the Existence of Monotone Pure‐Strategy Equilibria in Bayesian Games,"
Econometrica, Econometric Society, vol. 79(2), pages 499-553, March.
- Philip J Reny, 2005. "On the Existence of Monotone Pure Strategy Equilibria in Bayesian Games," NajEcon Working Paper Reviews 784828000000000413, www.najecon.org.
- Philip J Reny, 2005. "On the Existence of Monotone Pure Strategy Equilibria in Bayesian Games," Levine's Working Paper Archive 784828000000000413, David K. Levine.
- Philip J. Reny, 2005. "On the Existence of Monotone Pure Strategy Equilibria in Bayesian Games," Levine's Working Paper Archive 784828000000000067, David K. Levine.
- Charles Zhoucheng Zheng, 2002.
"Optimal Auction with Resale,"
Econometrica, Econometric Society, vol. 70(6), pages 2197-2224, November.
- Zheng, Charles Zhoucheng, 2002. "Optimal Auction with Resale," Staff General Research Papers Archive 12664, Iowa State University, Department of Economics.
- Eric W. Bond & Thomas A. Gresik, 1997.
"Competition between asymmetrically informed principals,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 10(2), pages 227-240.
- Bond, E.W. & Gresik & T.A., 1995. "Competition Between Asymmetrically Informed Principals," Papers 11-95-13, Pennsylvania State - Department of Economics.
- de Clippel, Geoffroy & Minelli, Enrico, 2004.
"Two-person bargaining with verifiable information,"
Journal of Mathematical Economics, Elsevier, vol. 40(7), pages 799-813, November.
- de CLIPPEL, Geoffroy & MINELLI, Enrico, 2002. "Two-person bargaining with verifiable information," LIDAM Discussion Papers CORE 2002063, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- DE CLIPPEL, Geoffroy & MINELLI, Enrico, 2004. "Two-person bargaining with verifiable information," LIDAM Reprints CORE 1733, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Severinov, Sergei, 2008. "An efficient solution to the informed principal problem," Journal of Economic Theory, Elsevier, vol. 141(1), pages 114-133, July.
- Pierre Fleckinger, 2007. "Informed Principal and Countervailing Incentives," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00607075, HAL.
- Roger B. Myerson, 1981.
"Optimal Auction Design,"
Mathematics of Operations Research, INFORMS, vol. 6(1), pages 58-73, February.
- Roger B. Myerson, 1978. "Optimal Auction Design," Discussion Papers 362, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
- Rodney J. Garratt & Thomas Trˆger & Charles Z. Zheng, 2009.
"Collusion via Resale,"
Econometrica, Econometric Society, vol. 77(4), pages 1095-1136, July.
- Garratt, Rod & Troger, Thomas & Zheng, Charles Zhoucheng, 2007. "Collusion Via Resale," Staff General Research Papers Archive 12829, Iowa State University, Department of Economics.
- Garratt, Rodney, 2008. "Collusion via Resale," Bonn Econ Discussion Papers 20/2008, University of Bonn, Bonn Graduate School of Economics (BGSE).
- Dilip Mookherjee & Masatoshi Tsumagari, 2004. "The Organization of Supplier Networks: Effects of Delegation and Intermediation," Econometrica, Econometric Society, vol. 72(4), pages 1179-1219, July.
- Jost, Peter-Jurgen, 1996. "On the Role of Commitment in a Principal-Agent Relationship with an Informed Principal," Journal of Economic Theory, Elsevier, vol. 68(2), pages 510-530, February.
- Guofu Tan, 1996. "Optimal Procurement Mechanisms for an Informed Buyer," Canadian Journal of Economics, Canadian Economics Association, vol. 29(3), pages 699-716, August.
- Jean Tirole, 2006. "The Theory of Corporate Finance," Post-Print hal-00173191, HAL.
- Milgrom,Paul, 2004.
"Putting Auction Theory to Work,"
Cambridge Books,
Cambridge University Press, number 9780521536721, September.
- Milgrom,Paul, 2004. "Putting Auction Theory to Work," Cambridge Books, Cambridge University Press, number 9780521551847, September.
- Maskin, Eric & Tirole, Jean, 1990. "The Principal-Agent Relationship with an Informed Principal: The Case of Private Values," Econometrica, Econometric Society, vol. 58(2), pages 379-409, March.
- Mezzetti, Claudio & Tsoulouhas, Theofanis, 2000. "Gathering information before signing a contract with a privately informed principal," International Journal of Industrial Organization, Elsevier, vol. 18(4), pages 667-689, May.
- Guesnerie, Roger & Laffont, Jean-Jacques, 1984. "A complete solution to a class of principal-agent problems with an application to the control of a self-managed firm," Journal of Public Economics, Elsevier, vol. 25(3), pages 329-369, December.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Takeshi Nishimura, 2012. "Scoring Auction by an Informed Principal," Global COE Hi-Stat Discussion Paper Series gd11-224, Institute of Economic Research, Hitotsubashi University.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Mylovanov, Tymofiy & Tröger, Thomas, 2008. "Optimal Auction Design and Irrelevance of Private Information," Bonn Econ Discussion Papers 21/2008, University of Bonn, Bonn Graduate School of Economics (BGSE).
- Mylovanov, Timofiy & Troger, Thomas E., 2012. "Informed principal problems in generalized private values environments," Theoretical Economics, Econometric Society, vol. 7(3), September.
- Wagner, Christoph & Mylovanov, Tymofiy & Tröger, Thomas, 2015. "Informed-principal problem with moral hazard, risk neutrality, and no limited liability," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 280-289.
- Kaplan, Todd R. & Zamir, Shmuel, 2015.
"Advances in Auctions,"
Handbook of Game Theory with Economic Applications,,
Elsevier.
- Todd R. Kaplan & Shmuel Zamir, 2014. "Advances in Auctions," Discussion Papers 1405, University of Exeter, Department of Economics.
- Kaplan, Todd R & Zamir, Shmuel, 2014. "Advances in Auctions," MPRA Paper 54656, University Library of Munich, Germany.
- Todd R. Kaplan & Shmuel Zamir, 2014. "Advances in Auctions," Discussion Paper Series dp662, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
- Anastasios Dosis, 2022.
"On the informed principal model with common values,"
RAND Journal of Economics, RAND Corporation, vol. 53(4), pages 792-825, December.
- Anastasios Dosis, 2019. "On the Informed Principal Model with Common Values ," Working Papers hal-02130454, HAL.
- Anastasios, Dosis, 2019. "On the Informed Principal Model with Common Values," ESSEC Working Papers WP1905, ESSEC Research Center, ESSEC Business School.
- Bedard, Nicholas C., 2017. "The strategically ignorant principal," Games and Economic Behavior, Elsevier, vol. 102(C), pages 548-561.
- Celik, Gorkem & Yilankaya, Okan, 2017.
"Resale in second-price auctions with costly participation,"
International Journal of Industrial Organization, Elsevier, vol. 54(C), pages 148-174.
- Gorkem Celik & Okan Yilankaya, 2015. "Resale in Second-Price Auctions with Costly Participation," Koç University-TUSIAD Economic Research Forum Working Papers 1501, Koc University-TUSIAD Economic Research Forum.
- Gorkem Celik & Okan Yilankaya, 2016. "Resale in Second-Price Auctions with Costly Participation," Working Papers 1602, Nazarbayev University, Department of Economics, revised Nov 2016.
- Koessler, Frederic & Skreta, Vasiliki, 2019.
"Selling with evidence,"
Theoretical Economics, Econometric Society, vol. 14(2), May.
- Skreta, Vasiliki & Koessler, Frédéric, 2017. "Selling with Evidence," CEPR Discussion Papers 12049, C.E.P.R. Discussion Papers.
- Frédéric Koessler & Vasiliki Skreta, 2019. "Selling with Evidence," PSE-Ecole d'économie de Paris (Postprint) halshs-01884387, HAL.
- Frédéric Koessler & Vasiliki Skreta, 2019. "Selling with Evidence," Post-Print halshs-01884387, HAL.
- Nishimura, Takeshi, 2022. "Informed principal problems in bilateral trading," Journal of Economic Theory, Elsevier, vol. 204(C).
- Isa Hafalir & Musab Kurnaz, 2019.
"Discriminatory auctions with resale,"
Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 7(2), pages 173-189, December.
- Hafalir Isa & Kurnaz Musab, "undated". "Discriminatory Auctions with Resale," GSIA Working Papers 2015-E12, Carnegie Mellon University, Tepper School of Business.
- Xiaogang Che & Tilman Klumpp, 2023. "Auctions versus sequential mechanisms when resale is allowed," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(4), pages 1207-1245, May.
- Brocas, Isabelle, 2013. "Selling an asset to a competitor," European Economic Review, Elsevier, vol. 57(C), pages 39-62.
- Koessler, Frédéric & Skreta, Vasiliki, 2016.
"Informed seller with taste heterogeneity,"
Journal of Economic Theory, Elsevier, vol. 165(C), pages 456-471.
- Frédéric Koessler & Vassiliki Skreta, 2016. "Informed seller with taste heterogeneity," Post-Print halshs-01379293, HAL.
- Frédéric Koessler & Vassiliki Skreta, 2016. "Informed seller with taste heterogeneity," PSE-Ecole d'économie de Paris (Postprint) halshs-01379293, HAL.
- Alexander Matros, 2006. "Optimal Mechanisms for an Auction Mediator," Working Paper 202, Department of Economics, University of Pittsburgh, revised Jan 2006.
- Hu, Audrey & Offerman, Theo & Onderstal, Sander, 2011. "Fighting collusion in auctions: An experimental investigation," International Journal of Industrial Organization, Elsevier, vol. 29(1), pages 84-96, January.
- Alexander Matros & Andriy Zapechelnyuk, 2008.
"Optimal fees in internet auctions,"
Review of Economic Design, Springer;Society for Economic Design, vol. 12(3), pages 155-163, September.
- Alexander Matros & Andriy Zapechelnyuk, 2008. "Optimal Fees in Internet Auctions," Discussion Papers 3, Kyiv School of Economics.
- Bernard Lebrun, 2010. "First‐price auctions with resale and with outcomes robust to bid disclosure," RAND Journal of Economics, RAND Corporation, vol. 41(1), pages 165-178, March.
- Matros, Alexander & Zapechelnyuk, Andriy, 2011.
"Optimal mechanisms for an auction mediator,"
International Journal of Industrial Organization, Elsevier, vol. 29(4), pages 426-431, July.
- Alexander Matros & Andriy Zapechelnyuk, 2006. "Optimal Mechanisms for an Auction Mediator," Levine's Bibliography 321307000000000113, UCLA Department of Economics.
- Alexander Matros & Andriy Zapechelnyuk, 2010. "Optimal Mechanisms for an Auction Mediator," Working Papers 670, Queen Mary University of London, School of Economics and Finance.
- Alexander Matros & Andriy Zapechelnyuk, 2006. "Optimal Mechanisms for an Auction Mediator," Discussion Paper Series dp424, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
- Giacomo Calzolari & Alessandro Pavan, 2006.
"Monopoly with resale,"
RAND Journal of Economics, RAND Corporation, vol. 37(2), pages 362-375, June.
- Giacomo Calzolari & Alessandro Pavan, 2003. "Monopoly with Resale," Working Papers 2003.20, Fondazione Eni Enrico Mattei.
- Giacomo Calzolari & Alessandro Pavan, 2004. "Monopoly with Resale," Discussion Papers 1393, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Giacomo Calzolari & Alessandro Pavan, 2005. "Monopoly with Resale," Discussion Papers 1405, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Xu, Xiaoshu & Levin, Dan & Ye, Lixin, 2013. "Auctions with entry and resale," Games and Economic Behavior, Elsevier, vol. 79(C), pages 92-105.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:red:sed010:1039. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christian Zimmermann (email available below). General contact details of provider: https://edirc.repec.org/data/sedddea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.