Monday, April 27, 2015
Resale in Second-Price Auctions with Costly Participation
Gorkem Celik (Department of Economics, ESSEC Business School and THEMA Research Center, Cergy-Pontoise, France) and Okan Yilankaya (Department of Economics, Koc University) analyze Resale in Second-Price Auctions with Costly Participation. ABSTRACT: We investigate efficiency properties of sealed-bid second-price auctions with...
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