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Demand reduction in multi-unit auctions with varying number of bidders and units
- Publication Year :
- 2014
-
Abstract
- We examine the effect of varying the number of bidders and units on bid values in multi-unit auctions. Our results suggest that the uniform-price auction is sensitive to demand reduction, however, increasing the number of bidders or/and units can significantly decrease it. (C) 2014 Elsevier B.V. All rights reserved.<br />Postprint (published version)
Details
- Database :
- OAIster
- Notes :
- 3 p., application/pdf, English
- Publication Type :
- Electronic Resource
- Accession number :
- edsoai.on1132976974
- Document Type :
- Electronic Resource