Munich Personal RePEc Archive

Sequential auction and auction design

salant, david j (2010): Sequential auction and auction design.

[img]
Preview
PDF
MPRA_paper_30022.pdf

Download (308kB) | Preview

Abstract

Often an auction designer has the option of selling, or purchasing, those lots available in one auction or a sequence of auctions. In addition, bidder opportunities will not be static, in part due to arrival of information, but also because bidders can face deadlines for making decisions. This paper examines the optimal decision about how to divide what is available over time.

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