INVESTIGADORES
WEINSCHELBAUM Federico
congresos y reuniones científicas
Título:
On Favoritism in Auctions with Entry
Autor/es:
LEANDRO AROZAMENA; FEDERICO WEINSCHELBAUM
Lugar:
Rio de Janeiro
Reunión:
Workshop; Latin American Workshop in Economic Theory; 2010
Institución organizadora:
Econometric Society
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.
