Sequential asymmetric auctions with endogenous participation

• 1 January 1997
• journal article
• Published by Springer Nature in Theory and Decision
• Vol. 43  (2) , 187-202
• https://doi.org/10.1023/a:1004970725802

Abstract

Keywords

• PRICE DECLINE ANOMALY.
• SEQUENTIAL AUCTIONS
• PARTICIPATION COSTS
• ENDOGENEOUS PARTICIPA- TION
• EXPECTED VALUE
• ECONOMICS