On favoritism in auctions with entry

C-Tier
Journal: Economics Letters
Year: 2011
Volume: 110
Issue: 3
Pages: 265-267

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

We examine the problem of endogenous entry in a single-unit auction when the seller's welfare depends positively on the utility of a subset of potential bidders. We show that, unless the seller values those bidders' welfare more than her own "private" utility, a nondiscriminatory auction is optimal.

Technical Details

RePEc Handle
repec:eee:ecolet:v:110:y:2011:i:3:p:265-267
Journal Field
General
Author Count
2
Added to Database
2026-01-24