Munich Personal RePEc Archive

Multiple-bidding in auctions as bidders become confident of their private valuations.

Cotton, Christopher (2007): Multiple-bidding in auctions as bidders become confident of their private valuations.

WarningThere is a more recent version of this item available.
[img]
Preview
PDF
MPRA_paper_1844.pdf

Download (102Kb) | Preview

Abstract

A bidder may increase his bid over the course of an auction when (1) he becomes more certain about his private valuation over time (as he has more time to consider using the item), and (2) there is a positive probability he is unable to return to the auction to submit a bid in a later period.

Available Versions of this Item

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.