Citation
M. Gupta et B. Lebrun, First price auctions with resale, ECON LETT, 64(2), 1999, pp. 181-185
Citations number
12
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765
→ ACNP
Volume
64
Issue
2
Year of publication
1999
Pages
181 - 185
Database
ISI
SICI code
0165-1765(199908)64:2<181:FPAWR>2.0.ZU;2-K
Abstract
We present a simple model of first price auction with two bidders whose val
uations are not identically distributed and where resale is possible betwee
n the bidders and given an explicit expression for the equilibrium strategi
es. (C) 1999 Elsevier Science S.A. All rights reserved.