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Costly auction entry, royalty payments, and the optimality of asymmetric designs.
Dan Bernhardt
Tingjun Liu
Takeharu Sogo
Published in:
J. Econ. Theory (2020)
Keyphrases
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mechanism design
strategy proof
optimal solution
online auctions
combinatorial auctions
game theory
error prone
credit card
incentive compatibility
high cost
integer linear programming formulation
payment scheme
data sets
electronic commerce
information asymmetry
information revelation