Title | ||
---|---|---|
Equilibrium of Affiliated Value Second Price Auctions with Financially Constrained Bidders: The Two-Bidder Case |
Abstract | ||
---|---|---|
We study affiliated value second price auctions with two financially constrained bidders. We prove the existence of a symmetric equilibrium under quite general conditions. Comparative static results are provided. Journal of Economic Literature Classification Number: D44. |
Year | DOI | Venue |
---|---|---|
2002 | 10.1006/game.2001.0896 | Games and Economic Behavior |
Keywords | Field | DocType |
comparative statics,second price auction | Mathematical economics,Economics,Vickrey auction,Reservation price,Microeconomics,Symmetric equilibrium,Common value auction,Comparative statics | Journal |
Volume | Issue | ISSN |
39 | 2 | 0899-8256 |
Citations | PageRank | References |
8 | 6.53 | 2 |
Authors | ||
2 |
Name | Order | Citations | PageRank |
---|---|---|---|
Hanming Fang | 1 | 17 | 11.42 |
Sérgio O. Parreiras | 2 | 20 | 11.55 |