An E¢cient Auction ¤
An E¢cient Auction ¤
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高效的拍卖¤
DOI:
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发表时间:
2001
期刊:
影响因子:
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通讯作者:
P. Reny
中科院分区:
文献类型:
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作者:
Motty Perry;P. Reny
An analogue of Vickrey’s (1961) multi-unit auction is provided when bidders have interdependent values and one-dimensional private information. The analogue is strategically equivalent to a collection of two-bidder single-unit second-price auctions and it possesses an e¢cient ex-post equilibrium.