INVESTIGADORES
WEINSCHELBAUM Federico
congresos y reuniones científicas
Título:
On Favoritism in Auctions with Entry
Autor/es:
LEANDRO AROZAMENA; FEDERICO WEINSCHELBAUM
Lugar:
Sao Paulo
Reunión:
Workshop; 2ND BRAZILIAN WORKSHOP OF THE GAME THEORY SOCIETY in honor of John Nash; 2010
Institución organizadora:
University of São Paulo
Resumen:
We examine the problem of endogenous entry in a single-unit auction when the seller's welfare depends positively on the utility of a subset of potential bidders. We show that, unless the seller values those bidders' welfare more than her own "private" utility, a nondiscriminatory auction is optimal.