메뉴 건너뛰기




Volumn 54, Issue 9, 2008, Pages 1610-1623

Revenue ranking of discriminatory and uniform auctions with an unknown number of bidders

Author keywords

Auctions; Demand uncertainty; Discriminatory pricing; Stochastic number of bidders; Uniform pricing

Indexed keywords

AUCTIONS; DEMAND UNCERTAINTY; DISCRIMINATORY PRICING; STOCHASTIC NUMBER OF BIDDERS; UNIFORM PRICING;

EID: 61349131272     PISSN: 00251909     EISSN: 15265501     Source Type: Journal    
DOI: 10.1287/mnsc.1080.0882     Document Type: Article
Times cited : (10)

References (39)
  • 2
    • 38549123971 scopus 로고    scopus 로고
    • Effects of information-revelation policies under market-structure uncertainty
    • Arora, A., A. Greenwald, K. Kannan, R. Krishnan. 2007. Effects of information-revelation policies under market-structure uncertainty. Management Sci. 53 1234-1248.
    • (2007) Management Sci , vol.53 , pp. 1234-1248
    • Arora, A.1    Greenwald, A.2    Kannan, K.3    Krishnan, R.4
  • 3
    • 0009251163 scopus 로고
    • Auctions of divisible goods: On the rationale for the Treasury experiment
    • Back, K., J. F. Zender. 1993. Auctions of divisible goods: On the rationale for the Treasury experiment. Rev. Financial Stud. 6 733-764.
    • (1993) Rev. Financial Stud , vol.6 , pp. 733-764
    • Back, K.1    Zender, J.F.2
  • 4
    • 0015071523 scopus 로고
    • Competitive bidding in high-risk situations
    • Capen, E., R. Clapp, W Campbell. 1971. Competitive bidding in high-risk situations. J. Petroleum Tech. 23 641-653.
    • (1971) J. Petroleum Tech , vol.23 , pp. 641-653
    • Capen, E.1    Clapp, R.2    Campbell, W.3
  • 5
    • 34948877639 scopus 로고    scopus 로고
    • Auctions within e-sourcing events
    • Elmaghraby, W. 2007. Auctions within e-sourcing events. Production Oper. Management 16 409-422.
    • (2007) Production Oper. Management , vol.16 , pp. 409-422
    • Elmaghraby, W.1
  • 6
    • 0023366056 scopus 로고
    • On optimal reservation prices in auctions
    • Engelbrecht-Wiggans, R. 1987. On optimal reservation prices in auctions. Management Sci. 33 763-770.
    • (1987) Management Sci , vol.33 , pp. 763-770
    • Engelbrecht-Wiggans, R.1
  • 7
    • 61849108332 scopus 로고
    • A model for the distribution of the number of bids on federal offshore oil leases
    • Engelbrecht-Wiggans, R., E. L. Dougherty, J. Lohrenz. 1986. A model for the distribution of the number of bids on federal offshore oil leases. Management Sci. 32 1087-1094.
    • (1986) Management Sci , vol.32 , pp. 1087-1094
    • Engelbrecht-Wiggans, R.1    Dougherty, E.L.2    Lohrenz, J.3
  • 8
    • 0346267859 scopus 로고    scopus 로고
    • E-Business and management science: Mutual impacts (Part 2 of 2)
    • Geoffrion, A., R. Krishnan. 2003. E-Business and management science: Mutual impacts (Part 2 of 2). Management Sci. 49 1445-1456.
    • (2003) Management Sci , vol.49 , pp. 1445-1456
    • Geoffrion, A.1    Krishnan, R.2
  • 9
    • 84934562935 scopus 로고
    • Alternative common-value auction procedures: Revenue comparisons with free entry
    • Harstad, R. M. 1990. Alternative common-value auction procedures: Revenue comparisons with free entry. J. Political Econom. 98 421-429.
    • (1990) J. Political Econom , vol.98 , pp. 421-429
    • Harstad, R.M.1
  • 10
    • 38249021120 scopus 로고
    • Equilibrium bid functions for auctions with an uncertain number of bidders
    • Harstad, R. M., J. H. Kagel, D. Levin. 1990. Equilibrium bid functions for auctions with an uncertain number of bidders. Econom. Lett. 33 35-40.
    • (1990) Econom. Lett , vol.33 , pp. 35-40
    • Harstad, R.M.1    Kagel, J.H.2    Levin, D.3
  • 11
    • 39149134331 scopus 로고    scopus 로고
    • Information aggregation in auctions with an unknown number of bidders
    • Harstad, R. M., A. Pekeč, I. Tsetlin. 2008. Information aggregation in auctions with an unknown number of bidders. Games Econom. Behav. 62 476-508.
    • (2008) Games Econom. Behav , vol.62 , pp. 476-508
    • Harstad, R.M.1    Pekeč, A.2    Tsetlin, I.3
  • 12
    • 0037237288 scopus 로고    scopus 로고
    • Empirical implications of equilibrium bidding in first-price, symmetric, common value auctions
    • Hendricks, K., J. Pinkse, R. H. Porter. 2003. Empirical implications of equilibrium bidding in first-price, symmetric, common value auctions. Rev. Econom. Stud. 70 115-145.
    • (2003) Rev. Econom. Stud , vol.70 , pp. 115-145
    • Hendricks, K.1    Pinkse, J.2    Porter, R.H.3
  • 13
    • 0000598206 scopus 로고
    • Competitive bidding for contracts under alternative auction procedures
    • Holt, C. A., Jr. 1980. Competitive bidding for contracts under alternative auction procedures. J. Political Econom. 88 433-445.
    • (1980) J. Political Econom , vol.88 , pp. 433-445
    • Holt Jr., C.A.1
  • 14
    • 33749052999 scopus 로고    scopus 로고
    • The relevance of a choice of auction format in a competitive environment
    • Jackson, M. O., I. Kremer. 2006. The relevance of a choice of auction format in a competitive environment. Rev. Econom. Stud. 73 961-981.
    • (2006) Rev. Econom. Stud , vol.73 , pp. 961-981
    • Jackson, M.O.1    Kremer, I.2
  • 16
    • 0001411880 scopus 로고
    • Information impact and allocation rules in auctions with affiliated private values: A laboratory study
    • Kagel, J. H., R. M. Harstad, D. Levin. 1987. Information impact and allocation rules in auctions with affiliated private values: A laboratory study. Econometrica 55 1275-1304.
    • (1987) Econometrica , vol.55 , pp. 1275-1304
    • Kagel, J.H.1    Harstad, R.M.2    Levin, D.3
  • 17
    • 0032804976 scopus 로고    scopus 로고
    • Auction theory: A guide to the literature
    • Klemperer, P. 1999. Auction theory: A guide to the literature. J. Econom. Surveys 13 227-286.
    • (1999) J. Econom. Surveys , vol.13 , pp. 227-286
    • Klemperer, P.1
  • 19
    • 4444326243 scopus 로고    scopus 로고
    • Auctions with uncertain numbers of bidders
    • Levin, D., E. Ozdenoren. 2004. Auctions with uncertain numbers of bidders. J. Econom. Theory 118 229-251.
    • (2004) J. Econom. Theory , vol.118 , pp. 229-251
    • Levin, D.1    Ozdenoren, E.2
  • 20
    • 61849163487 scopus 로고    scopus 로고
    • Levin, D., J. L. Smith. 1991. Comment on Some evidence on the winner's curse. Amer. Econom. Rev. 81 370-375.
    • Levin, D., J. L. Smith. 1991. Comment on "Some evidence on the winner's curse." Amer. Econom. Rev. 81 370-375.
  • 21
    • 61849181620 scopus 로고    scopus 로고
    • Levin, D., J. L. Smith. 1994. Comment on Some evidence on the winner's curse. Amer. Econom. Rev. 84 585-599.
    • Levin, D., J. L. Smith. 1994. Comment on "Some evidence on the winner's curse." Amer. Econom. Rev. 84 585-599.
  • 23
    • 0001226487 scopus 로고
    • Optimal auctions with risk averse buyers
    • Maskin, E. S., J. G. Riley. 1984. Optimal auctions with risk averse buyers. Econometrica 52 1473-1518.
    • (1984) Econometrica , vol.52 , pp. 1473-1518
    • Maskin, E.S.1    Riley, J.G.2
  • 25
    • 0000171133 scopus 로고
    • Comparing auctions for risk averse buyers: A buyer's point of view
    • Matthews, S. 1987. Comparing auctions for risk averse buyers: A buyer's point of view. Econometrica 55 633-646.
    • (1987) Econometrica , vol.55 , pp. 633-646
    • Matthews, S.1
  • 26
    • 0002674486 scopus 로고
    • Auctions with a stochastic number of bidders
    • McAfee, R. P., J. McMillan. 1987. Auctions with a stochastic number of bidders. J. Econom. Theory 43 1-19.
    • (1987) J. Econom. Theory , vol.43 , pp. 1-19
    • McAfee, R.P.1    McMillan, J.2
  • 27
    • 0036946616 scopus 로고    scopus 로고
    • How to set minimum acceptable bids, with an application to real estate auctions
    • McAfee, R. P., D. C. Quan, D. R. Vincent. 2002. How to set minimum acceptable bids, with an application to real estate auctions. J. Indust. Econom. 50 391-416.
    • (2002) J. Indust. Econom , vol.50 , pp. 391-416
    • McAfee, R.P.1    Quan, D.C.2    Vincent, D.R.3
  • 28
    • 0001757116 scopus 로고
    • Rational expectations, information acquisition, and competitive bidding
    • Milgrom, P. R. 1981. Rational expectations, information acquisition, and competitive bidding. Econometrica 49 921-943.
    • (1981) Econometrica , vol.49 , pp. 921-943
    • Milgrom, P.R.1
  • 29
    • 0001757115 scopus 로고
    • A theory of auctions and competitive bidding
    • Milgrom, P. R., R. J. Weber. 1982. A theory of auctions and competitive bidding. Econometrica 50 1089-1122.
    • (1982) Econometrica , vol.50 , pp. 1089-1122
    • Milgrom, P.R.1    Weber, R.J.2
  • 31
    • 34447285474 scopus 로고    scopus 로고
    • Compensation for the winner's curse: Experimental evidence
    • Parlour, C. A., V. Prasnikar, U. Rajan. 2007. Compensation for the winner's curse: Experimental evidence. Games Econom. Behav. 60 339-356.
    • (2007) Games Econom. Behav , vol.60 , pp. 339-356
    • Parlour, C.A.1    Prasnikar, V.2    Rajan, U.3
  • 32
    • 0000369606 scopus 로고    scopus 로고
    • The loser's curse and information aggregation in common value auctions
    • Pesendorfer, W., J. M. Swinkels. 1997. The loser's curse and information aggregation in common value auctions. Econometrica 65 1247-1281.
    • (1997) Econometrica , vol.65 , pp. 1247-1281
    • Pesendorfer, W.1    Swinkels, J.M.2
  • 33
    • 0000243951 scopus 로고
    • A model of rational competitive bidding
    • Rothkopf, M. H. 1969. A model of rational competitive bidding. Management Sci. 15 362-373.
    • (1969) Management Sci , vol.15 , pp. 362-373
    • Rothkopf, M.H.1
  • 34
    • 84925921771 scopus 로고
    • Equilibrium linear bidding strategies
    • Rothkopf, M. H. 1980a. Equilibrium linear bidding strategies. Oper. Res. 28 576-583.
    • (1980) Oper. Res , vol.28 , pp. 576-583
    • Rothkopf, M.H.1
  • 35
    • 84925924634 scopus 로고
    • On multiplicative bidding strategies
    • Rothkopf, M. H. 1980b. On multiplicative bidding strategies. Oper. Res. 28 570-575.
    • (1980) Oper. Res , vol.28 , pp. 570-575
    • Rothkopf, M.H.1
  • 36
    • 0000373784 scopus 로고
    • Modeling competitive bidding: A critical essay
    • Rothkopf, M. H., R. M. Harstad. 1994. Modeling competitive bidding: A critical essay. Management Sci. 40 364-384.
    • (1994) Management Sci , vol.40 , pp. 364-384
    • Rothkopf, M.H.1    Harstad, R.M.2
  • 37
    • 0000910057 scopus 로고
    • Competitive bidding with entry costs
    • Samuelson, W. F. 1985. Competitive bidding with entry costs. Econom. Lett. 17 53-57.
    • (1985) Econom. Lett , vol.17 , pp. 53-57
    • Samuelson, W.F.1
  • 38
    • 0005790563 scopus 로고
    • Competitive bidding with disparate information
    • Wilson, R. B. 1969. Competitive bidding with disparate information. Management Sci. 15 446-448.
    • (1969) Management Sci , vol.15 , pp. 446-448
    • Wilson, R.B.1
  • 39
    • 84925921374 scopus 로고
    • Competitive bidding with dependent value estimates
    • Winkler, R. L., D. G. Brooks. 1980. Competitive bidding with dependent value estimates. Oper. Res. 28 603-613.
    • (1980) Oper. Res , vol.28 , pp. 603-613
    • Winkler, R.L.1    Brooks, D.G.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.