Sequential auctions with continuation costs
| Autor(a) principal: | |
|---|---|
| Data de Publicação: | 1993 |
| Tipo de documento: | Artigo |
| Idioma: | eng |
| Título da fonte: | Repositório Institucional do FGV (FGV Repositório Digital) |
| Texto Completo: | http://hdl.handle.net/10438/12252 |
Resumo: | In actual sequential auctions, 1) bidders typically incur a cost in continuing from one sale to the next, and 2) bidders decide whether or not to continue. To investigate the question 'when do bidders drop out,' we define a sequential auction model with continuation costs and an endogenously determined number of bidders at each sale, and we characterize the equilibria in this modele Simple examples illustrate the effect of several possible changes to this modele |
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Menezes, Flavio MarquesEscolas::EPGEFGV2014-10-28T12:08:22Z2014-10-28T12:08:22Z1993-08-30http://hdl.handle.net/10438/12252In actual sequential auctions, 1) bidders typically incur a cost in continuing from one sale to the next, and 2) bidders decide whether or not to continue. To investigate the question 'when do bidders drop out,' we define a sequential auction model with continuation costs and an endogenously determined number of bidders at each sale, and we characterize the equilibria in this modele Simple examples illustrate the effect of several possible changes to this modeleengEscola de Pós-Graduação em Economia da FGVSeminários de pesquisa econômica da EPGETodo cuidado foi dispensado para respeitar os direitos autorais deste trabalho. Entretanto, caso esta obra aqui depositada seja protegida por direitos autorais externos a esta instituição, contamos com a compreensão do autor e solicitamos que o mesmo faça contato através do Fale Conosco para que possamos tomar as providências cabíveisinfo:eu-repo/semantics/openAccessSequential auctions with continuation costsinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleEconomiaLeilõesreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVORIGINAL000089484.pdf000089484.pdfapplication/pdf800654https://repositorio.fgv.br/bitstreams/418060f9-569d-4780-8fce-497633ab1454/downloade0cabc36fdfe3e1b6c9b6f691cdfa290MD51LICENSElicense.txtlicense.txttext/plain; charset=utf-84707https://repositorio.fgv.br/bitstreams/9c5b65f4-e34f-41f5-84fb-2e93df5fdf94/downloaddfb340242cced38a6cca06c627998fa1MD52TEXT000089484.pdf.txt000089484.pdf.txtExtracted 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Sequential auctions with continuation costs |
| title |
Sequential auctions with continuation costs |
| spellingShingle |
Sequential auctions with continuation costs Menezes, Flavio Marques Economia Leilões |
| title_short |
Sequential auctions with continuation costs |
| title_full |
Sequential auctions with continuation costs |
| title_fullStr |
Sequential auctions with continuation costs |
| title_full_unstemmed |
Sequential auctions with continuation costs |
| title_sort |
Sequential auctions with continuation costs |
| author |
Menezes, Flavio Marques |
| author_facet |
Menezes, Flavio Marques |
| author_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 |
Menezes, Flavio Marques |
| dc.subject.area.por.fl_str_mv |
Economia |
| topic |
Economia Leilões |
| dc.subject.bibliodata.por.fl_str_mv |
Leilões |
| description |
In actual sequential auctions, 1) bidders typically incur a cost in continuing from one sale to the next, and 2) bidders decide whether or not to continue. To investigate the question 'when do bidders drop out,' we define a sequential auction model with continuation costs and an endogenously determined number of bidders at each sale, and we characterize the equilibria in this modele Simple examples illustrate the effect of several possible changes to this modele |
| publishDate |
1993 |
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1993-08-30 |
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2014-10-28T12:08:22Z |
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2014-10-28T12:08:22Z |
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info:eu-repo/semantics/article |
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article |
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http://hdl.handle.net/10438/12252 |
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eng |
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eng |
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Seminários de pesquisa econômica da EPGE |
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openAccess |
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Escola de Pós-Graduação em Economia da FGV |
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Escola de Pós-Graduação em Economia da FGV |
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