Demand reduction in multi-unit auctions with varying number of bidders and units

C-Tier
Journal: Economics Letters
Year: 2014
Volume: 124
Issue: 3
Pages: 443-445

Authors (3)

Akaichi, Faical (Scotland's Rural College) Nayga, Rodolfo M. (Texas A&M University) Gil, José M. (not in RePEc)

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

View Full Article View on IDEAS/RePEc

Abstract

We examine the effect of varying the number of bidders and units on bid values in multi-unit auctions. Our results suggest that the uniform-price auction is sensitive to demand reduction, however, increasing the number of bidders or/and units can significantly decrease it.

Technical Details

RePEc Handle
repec:eee:ecolet:v:124:y:2014:i:3:p:443-445
Journal Field
General
Author Count
3
Added to Database
2026-01-24