Bidder welfare in an auction with a buyout option

International Game Theory Review

Volumn 8, Issue 4, 2006, Pages 595-612

  Mathews, Timothy ^a  

^a CALIFORNIA STATE UNIVERSITY   (United States)

Author keywords

Auctions; Bidder Welfare; Buyout Option; Internet

Indexed keywords

EID: 33846980152     PISSN: 02191989     EISSN: None     Source Type: Journal    
DOI: 10.1142/S0219198906001132     Document Type: Review

References (8)

1. Budish, E. B. & L. N. Takeyama [2001] "Buy prices in online auctions: Irrationality on the internet?" Economics Letters 72, 325-333.
2. Kirkegaard, R. & P. B. Overgaard [2003] "Buy-out prices in online auctions multi-unit demand," University of Aarhus, Department of Economics, working paper.
3. Lopomo, G. [1998] "The English auction is optimal among simple sequential auctions," Journal of Economic Theory 82, 144-166.
4. Lucking-Reiley, D. [2000] "Auctions on the internet: What's being auctioned, and how?" Journal of Industrial Economics 48, 227-252.
5. Mathews, T. [2003] "A risk averse seller in a continuous time auction with a buyout option," Brazilian Electronic Journal of Economics 5.
6. Mathews, T. [2004] "The impact of discounting on an auction with a buyout option: A theoretical analysis motivated by eBay's buy-it-now feature," Journal of Economics (Zeitschrift für Nationalökonomie) 81, 25-52.
7. Mathews, T. & B. Katzman [2006] "The role of varying risk attitudes in an auction with a buyout option," Economic Theory 27, 597-613.
8. Reynolds, S. & J. Wooders [2006] "Auctions with a buy price," Forthcoming, Economic Theory.