A note on k-price auctions with complete information

Research output: Contribution to journalArticlepeer-review

Abstract

Under complete information, for k ≥ 3, a seller of a single-unit k-price auction obtains higher revenue than in a first or second price auction when the valuations and the bids are discrete and no bidder is using a (weakly) dominated strategy.

Original languageEnglish
Pages (from-to)161-164
Number of pages4
JournalGames and Economic Behavior
Volume41
Issue number1
DOIs
StatePublished - Oct 2002

Keywords

  • Third price auction

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