A note on k-price auctions with complete information

Yair Tauman

doi:10.1016/S0899-8256(02)00020-9

A note on k-price auctions with complete information

Yair Tauman

Economics

Research output: Contribution to journal › Article › peer-review

9 Scopus citations

Abstract

Under complete information, for k ≥ 3, a seller of a single-unit k-price auction obtains higher revenue than in a first or second price auction when the valuations and the bids are discrete and no bidder is using a (weakly) dominated strategy.

Original language	English
Pages (from-to)	161-164
Number of pages	4
Journal	Games and Economic Behavior
Volume	41
Issue number	1
DOIs	https://doi.org/10.1016/S0899-8256(02)00020-9
State	Published - Oct 2002

Keywords

Third price auction

Access to Document

10.1016/S0899-8256(02)00020-9

Cite this

@article{29341fbcc2304e92b039f799cca8f870,

title = "A note on k-price auctions with complete information",

abstract = "Under complete information, for k ≥ 3, a seller of a single-unit k-price auction obtains higher revenue than in a first or second price auction when the valuations and the bids are discrete and no bidder is using a (weakly) dominated strategy.",

keywords = "Third price auction",

author = "Yair Tauman",

year = "2002",

month = oct,

doi = "10.1016/S0899-8256(02)00020-9",

language = "English",

volume = "41",

pages = "161--164",

journal = "Games and Economic Behavior",

issn = "0899-8256",

number = "1",

}

TY - JOUR

T1 - A note on k-price auctions with complete information

AU - Tauman, Yair

PY - 2002/10

Y1 - 2002/10

N2 - Under complete information, for k ≥ 3, a seller of a single-unit k-price auction obtains higher revenue than in a first or second price auction when the valuations and the bids are discrete and no bidder is using a (weakly) dominated strategy.

AB - Under complete information, for k ≥ 3, a seller of a single-unit k-price auction obtains higher revenue than in a first or second price auction when the valuations and the bids are discrete and no bidder is using a (weakly) dominated strategy.

KW - Third price auction

UR - https://www.scopus.com/pages/publications/0036811291

U2 - 10.1016/S0899-8256(02)00020-9

DO - 10.1016/S0899-8256(02)00020-9

M3 - Article

AN - SCOPUS:0036811291

SN - 0899-8256

VL - 41

SP - 161

EP - 164

JO - Games and Economic Behavior

JF - Games and Economic Behavior

IS - 1

ER -

A note on k-price auctions with complete information

Abstract

Keywords

Access to Document

Other files and links

Fingerprint

Cite this