Sequential Auctions and Auction Design
32 Pages Posted: 5 May 2011
Date Written: December 10, 2010
Abstract
Often an auction designer has the option of selling, or purchasing, those lots available in one auction or a sequence of auctions. In addition, bidder opportunities will not be static, in part due to arrival of information, but also because bidders can face deadlines for making decisions. This paper examines the optimal decision about how to divide what is available over time.
Keywords: sequential auction
Suggested Citation: Suggested Citation
Salant, David J., Sequential Auctions and Auction Design (December 10, 2010). Available at SSRN: https://ssrn.com/abstract=1792621 or http://dx.doi.org/10.2139/ssrn.1792621
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