Common-Value All-Pay Auctions with Asymmetric Information

Common-Value All-Pay Auctions with Asymmetric Information
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Total Pages : 24
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ISBN-10 : OCLC:825698729
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Book Synopsis Common-Value All-Pay Auctions with Asymmetric Information by : Ezra Einy

Download or read book Common-Value All-Pay Auctions with Asymmetric Information written by Ezra Einy and published by . This book was released on 2013 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:


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We study common value auctions with two asymmetrically informed bidders using a simple binary model. A unique, generically asymmetric, mixed-strategy equilibriu