1.Particularly,this paper indicates that the second price sealed bid auction enjoys a wide range of application in the auction of the public resources with common value characteristics;the Dutch auction is usually more suitable than the English auction in the auction on the non-performing assets.在...
二价密封投标拍卖中的身份: 实验研究 翻译结果4复制译文编辑译文朗读译文返回顶部 特性在一个第二价密封投标拍卖:一个试验性调查 翻译结果5复制译文编辑译文朗读译文返回顶部 身分在SECOND-PRICE被密封的出价拍卖: 一次实验性调查 [translate] [translate]
An electronic first-price sealed-bid auction cannot directly be applied to a second-price sealed-bid auction which keeps the highest bid secret. We propose the verifiable discriminant function of the $p _{0}$-th root. Our auction scheme satisfies public verifiability of auction results, and ...
of two standard auctions, the English auction and the first-price sealed-bid auction, and a lesser-known format, the Amsterdam (second-price) auction. ... A Hu,T Offerman,S Onderstal - 《International Journal of Industrial Organization》 被引量: 121发表: 2011年 An experimental investigation ...
. A second-price sealed-bid auction is that a bidder who offers the highest price gets a good in the second highest price. This style of auction solves the problems of both an English auction and a first-price sealed-bid auction. An electronic first-price sealed-bid auction cannot directly...
In a second-price sealed-bid auction, each bidder independently submits a bid. The bidder with the highest bid wins the auctioned object and pays the second-highest bid. Other bidders pay and receive nothing. 1 Among the important models of second-price auctions are the private-value auction...
Looking at online auctions, the worlds largest marketplace, eBay, implemented a second-price sealed-bid auction format. Additionally, they use a proxy bidding system. Empirical evidence provided, e.g. by Wilcox (2000) and Roth and Ockenfels (2002) shows that the optimal bidding behaviour outline...
在具有共同价值特性的公共资源拍卖中密封第二价格拍卖具有广泛的应用价值;在不良资产的拍卖中荷兰式拍卖通常比英国式拍卖更加可取。 Particularly,this paper indicates that the second price sealed bid auction enjoys a wi...
A Second-price Sealed-bid Auction with the Discriminant of the p_-th Root Summary: A second-price sealed-bid auction is that a bidder who offers the highest price gets a good in the second highest price. This style of auction sol... AM Kazumasa Omote - 《Lecture Notes in Computer Scien...
In this paper,we examine the first-price and second-price sealed-bid auctions with both commission rate and reserve price,and conclude that:(1) equilibrium... M Wang,S Liu,S Wang - 《Management Review》 被引量: 2发表: 2012年 Comparing First and Second Price Auctions with Multiple Insiders...