Bad news can be good news: Early dropouts in an English auction with multi-dimensional signals

Levin, Dan; Peck, James; Ye, Lixin

doi:10.1016/j.econlet.2006.12.001

Search citation statements

Order By: Relevance

Paper Sections

Select...

Introduction1

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2008

2022

Publication Types

Select...

Article4

Relationship

Self Cite0

Independent4

Authors

Journals

Cited by 4 publications

(1 citation statement)

References 12 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…10 The intuition is that an agent has no information about the signals observed by other agents and so the impact of the signals on the agent's payoff is a sufficient statistic of all the information this agent observes. Provided the signals are independently distributed, this approach can also be used in many other mechanisms-including a first-price auction and an ascending auction (see Goeree and Offerman (2003) or Levin, Peck, and Ye (2007)). We discuss the assumption of independent signals after we provide the information structure in our model (in Footnote 12).…”

Section: Introductionmentioning

confidence: 99%