Information acquisition in auctions: Sealed bids vs. open bids.
Ángel Hernando-VecianaPublished in: Games Econ. Behav. (2009)
Keyphrases
- information acquisition
- combinatorial auctions
- bidding strategies
- online auctions
- auction protocol
- multi unit
- sponsored search auctions
- sealed bid
- budget constraints
- winner determination
- auction mechanisms
- sealed bid auctions
- resource allocation
- decision process
- approximation algorithms
- quasi linear
- decision making
- test bed
- incomplete information
- false name bids
- game theory
- worst case