Uniqueness in Symmetric First-Price Auctions with Affiliation PDF Download

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Uniqueness in Symmetric First-Price Auctions with Affiliation

Uniqueness in Symmetric First-Price Auctions with Affiliation PDF Author: David McAdams
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Languages : en
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Book Description
The first-price auction has a unique monotone pure strategy equilibrium when there are n symmetric risk-averse bidders having affiliated types and interdependent values.