Quantal Response Equilibrium and Overbidding in Private-Value Auctions.
Jacob K. GoereeCharles A. HoltThomas R. PalfreyPublished in: J. Econ. Theory (2002)
Keyphrases
- bidding strategies
- sealed bid
- privacy preserving
- market equilibrium
- resource allocation
- nash equilibrium
- multi attribute
- private data
- objective function
- games with incomplete information
- game theory
- mechanism design
- variational inequalities
- equilibrium point
- incentive compatibility
- group buying
- electronic marketplaces
- nash equilibria
- real time
- combinatorial auctions
- electronic commerce
- cooperative
- neural network