Information Effects in Uniform Price Multi-Unit Dutch Auctions.

We design a multi-unit descending-price (Dutch) auction mechanism that has applications for resource allocation and pricing problems. We address specific auction design choices by theoretically and experimentally determining optimal information disclosure along two dimensions. Bidders are either inf...

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Bibliographic Details

Published in:	Southern Economic Journal Vol. 83; no. 1; pp. 126 - 146
Main Authors:	Buchanan, Joy, Gjerstad, Steven, Porter, David
Format:	Article
Published:	Wiley-Blackwell Jul2016
Subjects:	Commercial law Auctions Sales Bidders Bid price Bidding strategies
Online Access:	View this record in EBSCOhost