Strategic ignorance in a second-price auction

Economics Letters

Volumn 114, Issue 1, 2012, Pages 83-85

  McAdams, David ^a  

^a DUKE UNIVERSITY   (United States)

Author keywords

Entry; Ignorance; Information acquisition; Second price auction

Indexed keywords

EID: 80054866565     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econlet.2011.09.036     Document Type: Article

References (5)

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3. Levin D., Smith J.L. Equilibrium in auctions with entry. American Economic Review 1994, 84(3):585-599.
4. Milgrom P., Weber R. The value of information in a sealed-bid auction. Journal of Mathematical Economics 1982, 10(1):105-114.
5. Samuelson W.F. Competitive bidding with entry costs. Economics Letters 1985, 17:53-57.