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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Detalles Bibliográficos
Publicado en:Southern Economic Journal Vol. 83; no. 1; pp. 126 - 146
Autores principales: Buchanan, Joy, Gjerstad, Steven, Porter, David
Formato: Artículo
Publicado: Wiley-Blackwell Jul2016
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Acceso en línea:Ver este registro en EBSCOhost