INVESTIGADORES
AROZAMENA Leandro Roberto
artículos
Título:
On Favoritism in Auctions with Entry
Autor/es:
LEANDRO AROZAMENA; FEDERICO WEINSCHELBAUM
Revista:
ECONOMICS LETTERS
Editorial:
NORTH-HOLLAND
Referencias:
Lugar: Amsterdam; Año: 2011 vol. 110 p. 265 - 267
ISSN:
0165-1765
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.
