Asymmetric auctions with resale

I Hafalir, V Krishna - American Economic Review, 2008 - aeaweb.org
We study first-and second-price auctions with resale in a model with independent private
values. With asymmetric bidders, the resulting inefficiencies create a motive for post-auction …

Robust dynamic implementation

A Penta - Journal of Economic Theory, 2015 - Elsevier
This paper extends the belief-free approach to robust mechanism design to dynamic
environments, in which agents obtain information over time. A social choice function (SCF) is …

Asymmetric common-value auctions with applications to private-value auctions with resale

HH Cheng, G Tan - Economic Theory, 2010 - Springer
We study a model of common-value auctions with two bidders in which bidders' private
information are independently and asymmetrically distributed. We present sufficient and …

Auctions with resale and bargaining power

H Cheng - Journal of Mathematical Economics, 2011 - Elsevier
We show that when the weak bidder's bargaining power in the resale market is weakened,
the auctioneer's revenue from the first-price auction with resale is lower. Using the idea of …

Order Independence in Sequential, Issue-by-Issue Voting

A Gershkov, B Moldovanu… - Mathematics of operations …, 2024 - pubsonline.informs.org
We study when the voting outcome is independent of the order of issues put up for vote in a
spatial multidimensional voting model. Agents equipped with norm-based preferences that …

[PDF][PDF] Asymmetric common value auctions with applications to auctions with resale

H Cheng, G Tan - Unpublished manuscript, 2007 - Citeseer
We study a model of common value auctions in which bidders' private information are
independently and asymmetrically distributed. We provide two sufficient conditions under …

Extensive robustness of large games with a continuum of players

SH Kim - Journal of Economic Research, 2010 - kiss.kstudy.com
We present a model of Bayesian games with a continuum of players and prove that pure
strategy Bayesian Nash equilibria exist and are extensively robust. This extends Kalais …

[PDF][PDF] Multi-Unit Auctions with Resale

EF Ozbay, EY Ozbay - 2010 - Citeseer
We study multi-unit auctions in the presence of resale opportunities among bidders who
have either single-or multi-unit demand. We analyze equilibrium for Vickrey auctions with …

[图书][B] Essays in microeconomic theory

IE Hafalir - 2007 - search.proquest.com
This thesis consists of three chapters. In the first chapter, we consider coalition formation
games with externalities. A natural extension of superadditivity is not sufficient to imply that …

[引用][C] Equilibria in Two-Stage Sequential Second-Price Auctions with Multi-Unit Demands

L Lamy - Paris School of Economics, 2012