Monotone equilibrium of two-bidder all-pay auctions Redux.
Jingfeng LuSérgio O. ParreirasPublished in: Games Econ. Behav. (2017)
Keyphrases
- bidding strategies
- sealed bid
- combinatorial auctions
- group buying
- online auctions
- test bed
- resource allocation
- sealed bid auctions
- social welfare
- electricity markets
- auction mechanisms
- multi unit
- auction protocol
- double auction
- empirical data
- nash equilibrium
- trading agents
- boolean functions
- budget constraints
- upper bound
- expected utility
- market equilibrium
- business models
- sponsored search auctions