Blar i Institutt for industriell økonomi og teknologiledelse på tidsskrift "Economics Bulletin"
Viser treff 1-1 av 1
-
Uniform price auctions with profit maximizing seller
(Journal article; Peer reviewed, 2013)We study multiunit uniform price auctions where the seller is allowed to decrease the quantity supplied in order to maximize his profit. We show that he never chooses to do so in equilibrium. However, the existence of this ...