An example of multi-unit auctions with atypically many equilibria

Authors
Engelbrecht-Wiggans, R
Citation
R. Engelbrecht-wiggans, An example of multi-unit auctions with atypically many equilibria, ECON LETT, 65(1), 1999, pp. 67-69
Citations number
2
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
65
Issue
1
Year of publication
1999
Pages
67 - 69
Database
ISI
SICI code
0165-1765(199910)65:1<67:AEOMAW>2.0.ZU;2-I
Abstract
The appealing simple example of multi-unit uniform-price auctions with cons tant, uniformly distributed marginal values has atypically many equilibria. (C) 1999 Published by Elsevier Science S.A. All rights reserved.