Preferences over valuation distributions in auctions

Authors
Hennessy, DA
Citation
Da. Hennessy, Preferences over valuation distributions in auctions, ECON LETT, 68(1), 2000, pp. 55-59
Citations number
6
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
68
Issue
1
Year of publication
2000
Pages
55 - 59
Database
ISI
SICI code
0165-1765(200007)68:1<55:POVDIA>2.0.ZU;2-B
Abstract
Sellers auctioning items use advertisements and location to generate intere st. They seek a rightward shift in the ex-ante distribution of bidder valua tions. We characterize distribution pairs such that all more-is-better expe cted utility maximizing sellers in preference-revealing auctions prefer the same distribution. (C) 2000 Elsevier Science S.A. All rights reserved. JEL classification: D44; G12.