Browsing Departament: Matemàtiques by Source "Economics Letters, 2011, March, v. 110 (3)"
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Qualitative analysis of Bayes–Nash equilibrium in weak asymmetric auctions
Elsevier (2011-03)We propose a simple qualitative methodology for improving the understanding of the nature of equilibrium strategies in asymmetric first-price sealed-bid auctions when departures from symmetry are weak. We exemplify this ...