A note on the continuity of the optimal auction

C-Tier
Journal: Economics Letters
Year: 2015
Volume: 137
Issue: C
Pages: 127-130

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In the independent private values auction model I study the continuity properties of the optimal auction revenue as a function of the valuations or types distribution. I show that the optimal revenue is lowersemicontinuous for convergence in distribution. If the limit distribution is continuous, the optimal auction revenue is continuous in distribution as well.

Technical Details

RePEc Handle
repec:eee:ecolet:v:137:y:2015:i:c:p:127-130
Journal Field
General
Author Count
1
Added to Database
2026-01-26