Communications to the Editor---Competitive Bidding with Disparate Information
Communications to the Editor---Competitive Bidding with Disparate Information
复制标题
致编辑的通讯——具有不同信息的竞争性投标
DOI:
10.1287/mnsc.15.7.446
复制
发表时间:
1969
影响因子:
5.4
通讯作者:
Robert B. Wilson
中科院分区:
文献类型:
--
作者:
Robert B. Wilson
This paper analyses competitive bidding via sealed tenders for the case in which the bidders have different sources and amounts of information available about the value of the prize. The equilibrium pure strategies are characterized and computational methods are derived. A simple example is solved completely.