Auctions are among the oldest economic institutions in place and they are still in use. In this dissertation, we explore the efficiency of common auctions when values are interdependent. The value to a particular bidder may depend on information available only to others and asymmetric. In this setting, it is well known that sealed-bid auctions d…
auction
bidding
auction-website
auctions
auction-house
online-auction
auction-system
online-bidding
bidding-application
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Updated
May 17, 2022 - Java