Sequential auctions with synergies: An example

Economics Letters

Volumn 54, Issue 2, 1997, Pages 159-163

  Branco, Fernando ^a  

^a CATHOLIC UNIVERSITY OF PORTUGAL   (Portugal)

Author keywords

Declining price anomaly; Sequential auctions

Indexed keywords

EID: 0031286412     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0165-1765(97)00013-x     Document Type: Article

References (12)

1. Ashenfelter, O., 1989. How auctions work for wine and art. Journal of Economic Perspectives 3, 23-36.
2. Black, J. and D. de Meza, 1992. Systematic price differences between successive auctions are not anomaly. Journal of Economics & Management Strategy 1, 607-628.
3. Branco, F., 1995. Multi-object auctions; On the use of combinational bids. Working Paper 2-95, Banco de Portugal, Lisbon, Portugal.
4. Branco, F., 1996a. Multi-object auctions with synergies. Mimeo.
5. Branco, F., 1996b. Multiple unit auctions of an indivisible good. Economic Theory 8, 77-101.
6. Burguet, R. and J. Sákovics, 1994. Sequential auctions with supply and demand uncertainty. Mimeo.
7. Gale, I.L. and D.B. Hausch, 1994. Bottom-fishing and declining prices in sequential auctions. Games and Economic Behavior 7, 318-331.
8. Gandal, N., 1994. Sequential auctions of cable television licenses: The Israeli experience. Working Paper 31-94, Tel-Aviv University, Ramat Aviv, Israel.
9. Harstad, R.M. and M.H. Rothkopf, 1995. Combinatorial auctions with synergies. Mimeo.
10. Krishna, V. and R.W. Rosenthal, 1996. Simultaneous auctions with synergies. Games and Economic Behavior 17, 1-31.
11. McAfee, R.P. and D. Vincent, 1993. The declining price anomaly. Journal of Economic Theory 60, 191-212.
12. Von der Fehr, N.-H.M., 1994. Predatory bidding in sequential auctions. Oxford Economic Papers 46, 345-356.