INVESTIGADORES
WEINSCHELBAUM Federico
congresos y reuniones científicas
Título:
On Favoritism in Auctions with Entry
Autor/es:
FEDERICO WEINSCHELBAUM; LEANDRO AROZAMENA
Lugar:
Bahía Blanca
Reunión:
Jornada; X Jornadas Latinoamericanas de Teoría Económica; 2009
Institución organizadora:
Universidad Nacional del Sur
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.