Optimal auctions with multidimensional types and the desirability of exclusion

B-Tier
Journal: Journal of Mathematical Economics
Year: 2013
Volume: 49
Issue: 1
Pages: 106-110

Authors (3)

Monteiro, Paulo Klinger (Fundação Getúlio Vargas (FGV)) Page, Frank H. (not in RePEc) Svaiter, Benar fux (not in RePEc)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

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

Abstract

Within the context of a single-unit, independent private values auction model, we show that if bidder types are multidimensional, then under the optimal auction exclusion of a positive measure of bidder types occur. The results complements Armstrong’s (1996) exclusion of types result.

Technical Details

RePEc Handle
repec:eee:mateco:v:49:y:2013:i:1:p:106-110
Journal Field
Theory
Author Count
3
Added to Database
2026-01-26