Lowest unique bid auctions with population uncertainty

C-Tier
Journal: Economics Letters
Year: 2015
Volume: 134
Issue: C
Pages: 53-57

Authors (3)

Mohlin, Erik (Lunds Universitet) Östling, Robert (Stockholms Universitet) Wang, Joseph Tao-yi (National Taiwan University)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

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

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Abstract

We characterize the unique Poisson–Nash equilibrium of the lowest unique bid auction (LUBA) when the number of bidders is uncertain and follows a Poisson distribution.

Technical Details

RePEc Handle
repec:eee:ecolet:v:134:y:2015:i:c:p:53-57
Journal Field
General
Author Count
3
Added to Database
2026-01-26