Ex-post full surplus extraction, straightforwardly
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DOI: 10.1007/s00199-006-0123-5
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- Ronald M. Harstad & Vlad Mares, 2005. "Ex-Post Full Surplus Extraction, Straightforwardly," Working Papers 0515, Department of Economics, University of Missouri.
References listed on IDEAS
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Citations
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Cited by:
- Ronald M. Harstad, 2005.
"Rational Participation Revolutionizes Auction Theory,"
Working Papers
0518, Department of Economics, University of Missouri.
- Ronald M. Harstad, 2005. "Rational Participation Revolutionizes Auction Theory," Working Papers 0504, Department of Economics, University of Missouri.
- Reiss, J. Philipp & Levin, Dan, 2013. "Could we overcome the Winner's Curse by (behavioral) auction design?," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79926, Verein für Socialpolitik / German Economic Association.
- Justin Jia & Ronald M. Harstad & Michael H. Rothkopf, 2010.
"Information Variability Impacts in Auctions,"
Decision Analysis, INFORMS, vol. 7(1), pages 137-142, March.
- Ronald M. Harstad & Michael H. Rothkopf & Justin Jia, 2009. "Information Variability Impacts in Auctions," Working Papers 0908, Department of Economics, University of Missouri.
- Ronald M Harstad, 2011. "Endogenous Competition Alters the Structure of Optimal Auctions," ISER Discussion Paper 0816, Institute of Social and Economic Research, Osaka University.
- Mares Vlad & Shor Mikhael, 2012. "On the Competitive Effects of Bidding Syndicates," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(1), pages 1-33, September.
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More about this item
Keywords
Common-value auctions; Full surplus extraction; Ex-post individual rationality; Mechanism design; D44; D82; D61; C72;All these keywords.
JEL classification:
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
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