A note on Peters and Severinov, “Competition among sellers who offer auctions instead of prices”

A-Tier
Journal: Journal of Economic Theory
Year: 2012
Volume: 147
Issue: 1
Pages: 389-392

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

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

Abstract

We consider a market in which sellers compete for buyers by advertising reserve prices for second-price auctions. Applying the limit equilibrium concept developed in Peters and Severinov (1997) [1], we show that the competitive matching equilibrium is characterized by a reserve price of zero. This corrects a result in Peters and Severinov (1997) [1].

Technical Details

RePEc Handle
repec:eee:jetheo:v:147:y:2012:i:1:p:389-392
Journal Field
Theory
Author Count
3
Added to Database
2026-01-24