Comportamiento del equilibrio en una subasta todos-pagan con información completa

A widely used sealed-bid auction is the first-price auction. In this auction, the highest bidder wins the item and pays the price submitted; the other bidders get and pay nothing. The all-pay auction is similar to the first-price auction, except that losers must also pay their submitted bids. The Na...

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Bibliographic Details
Main Author: López Acevedo, Gladys
Format: Online
Language:English
Editor: El Colegio de México, A.C. 2004
Subjects:
Online Access:https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/177
Journal:

Estudios Económicos