Dutch vs. first-price auctions with expectations-based loss-averse bidders.
Benjamin BalzerAntonio RosatoJonas von WangenheimPublished in: J. Econ. Theory (2022)
Keyphrases
- combinatorial auctions
- online auctions
- bidding strategies
- auction mechanisms
- resource allocation
- multi unit
- sealed bid
- sealed bid auctions
- mechanism design
- approximation algorithms
- winner determination
- special case
- auction protocol
- information retrieval
- database
- test bed
- game theory
- linear programming
- social welfare
- real time
- information revelation