Optimal auction with a general distribution: virtual valuation without densities

Detalhes bibliográficos
Autor(a) principal: Svaiter, Benar Fux
Data de Publicação: 2008
Outros Autores: Monteiro, P. K.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/2163
Resumo: We characterize the optimal auction in an independent private values framework for a completely general distribution of valuations. We do this introducing a new concept: the generalized virtual valuation. To show the wider applicability of this concept we present two examples showing how to extend the classical models of Mussa and Rosen and Baron and Myerson for arbitrary distributions
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spelling Svaiter, Benar FuxMonteiro, P. K.Escolas::EPGEFGV2008-11-25T18:49:06Z2010-09-23T18:58:24Z2008-11-25T18:49:06Z2010-09-23T18:58:24Z2008-11-25http://hdl.handle.net/10438/2163We characterize the optimal auction in an independent private values framework for a completely general distribution of valuations. We do this introducing a new concept: the generalized virtual valuation. To show the wider applicability of this concept we present two examples showing how to extend the classical models of Mussa and Rosen and Baron and Myerson for arbitrary distributionsengFundação Getulio Vargas. 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dc.title.eng.fl_str_mv Optimal auction with a general distribution: virtual valuation without densities
title Optimal auction with a general distribution: virtual valuation without densities
spellingShingle Optimal auction with a general distribution: virtual valuation without densities
Svaiter, Benar Fux
Optimal auction
Virtual valuation
Ironing
Independent private values
Economia
Economia
Modelos econométricos
title_short Optimal auction with a general distribution: virtual valuation without densities
title_full Optimal auction with a general distribution: virtual valuation without densities
title_fullStr Optimal auction with a general distribution: virtual valuation without densities
title_full_unstemmed Optimal auction with a general distribution: virtual valuation without densities
title_sort Optimal auction with a general distribution: virtual valuation without densities
author Svaiter, Benar Fux
author_facet Svaiter, Benar Fux
Monteiro, P. K.
author_role author
author2 Monteiro, P. K.
author2_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EPGE
dc.contributor.affiliation.none.fl_str_mv FGV
dc.contributor.author.fl_str_mv Svaiter, Benar Fux
Monteiro, P. K.
dc.subject.eng.fl_str_mv Optimal auction
Virtual valuation
Ironing
topic Optimal auction
Virtual valuation
Ironing
Independent private values
Economia
Economia
Modelos econométricos
dc.subject.por.fl_str_mv Independent private values
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Economia
Modelos econométricos
description We characterize the optimal auction in an independent private values framework for a completely general distribution of valuations. We do this introducing a new concept: the generalized virtual valuation. To show the wider applicability of this concept we present two examples showing how to extend the classical models of Mussa and Rosen and Baron and Myerson for arbitrary distributions
publishDate 2008
dc.date.accessioned.fl_str_mv 2008-11-25T18:49:06Z
2010-09-23T18:58:24Z
dc.date.available.fl_str_mv 2008-11-25T18:49:06Z
2010-09-23T18:58:24Z
dc.date.issued.fl_str_mv 2008-11-25
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10438/2163
url http://hdl.handle.net/10438/2163
dc.language.iso.fl_str_mv eng
language eng
dc.relation.ispartofseries.por.fl_str_mv Ensaios Econômicos;681
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
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dc.publisher.none.fl_str_mv Fundação Getulio Vargas. Escola de Pós-graduação em Economia
publisher.none.fl_str_mv Fundação Getulio Vargas. Escola de Pós-graduação em Economia
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collection Repositório Institucional do FGV (FGV Repositório Digital)
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