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Robust competitive auctions
Journal article

Robust competitive auctions

Abstract

A competitive distribution of auctions (Peters 1997) is robust to the possibility of a seller’s deviation to any arbitrary mechanisms, let alone direct mechanisms because the sufficient condition for the robustness is embedded in its notion of equilibrium.

Authors

Han S

Journal

Economics Letters, Vol. 136, , pp. 207–210

Publisher

Elsevier

Publication Date

November 2015

DOI

10.1016/j.econlet.2015.09.031

ISSN

0165-1765

Labels

Fields of Research (FoR)