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Information Concentration in Common Value Environments

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  • Vlad Mares

    (Northwestern University)

  • Mikhael Shor

    (University of Connecticut)

Abstract

We consider how information concentration affects a seller's revenue in common value auctions. The common value is a function of n random variables partitioned among m

Suggested Citation

  • Vlad Mares & Mikhael Shor, 2008. "Information Concentration in Common Value Environments," Working papers 2012-23, University of Connecticut, Department of Economics.
    • Handle: RePEc:uct:uconnp:2012-23
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    References listed on IDEAS

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    Cited by:

    1. Mares Vlad & Shor Mikhael, 2012. "On the Competitive Effects of Bidding Syndicates," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(1), pages 1-33, September.

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    More about this item

    JEL classification:

    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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