On the failure of the linkage principle in multi-unit auctions

Econometrica

Volumn 67, Issue 4, 1999, Pages 895-900

  Perry, Motty ^a   Reny, Philip J ^b  

^a HEBREW UNIVERSITY OF JERUSALEM   (Israel)

^b UNIVERSITY OF PITTSBURGH   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0001228240     PISSN: 00129682     EISSN: None     Source Type: Journal    
DOI: 10.1111/1468-0262.00056     Document Type: Article

References (6)

1. ARMSTRONG, M. (1996): "Multiproduct Nonlinear Pricing," Econometrica, 64, 51-77.
2. AUSUBEL, L. (1997): "An Efficient Ascending-Bid Auction for Multiple Objects," Mimeo, University of Maryland, College Park, MD.
3. FRUTOS, M. A., AND R. W. ROSENTHAL (1997): "On Some Myths About Sequenced Common-Value Auctions," Boston University, ISP Discussion Paper #77.
4. McMILLAN, J. (1994): "Selling Spectrum Rights," Journal of Economic Perspectives, 8, 145-162.
5. MILGROM, P. R., AND R. J. WEBER (1982): "A Theory of Auctions and Competitive Bidding," Econometrica, 50, 1089-1122.
6. VICKREY, W. (1961): "Counterspeculation, Auctions and Competitive Sealed Tenders," Journal of Finance, 16, 8-37.