Skip navigation
Skip navigation

Auctions with synergies and asymetric buyers

Menezes, Flavio; Monteiro, Paulo K


In this paper we consider sequential auctions with synergies where one player wants two objects and the remaining players want one object each. We show that expected prices may not necessarily decrease as predicted by Branco [Econ. Lett. 54 (1997) 159]. Indeed we show that expected prices can actually increase.

CollectionsANU Research Publications
Date published: 2004
Type: Journal article
Source: Economics Letters
DOI: 10.1016/j.econlet.2004.04.017


There are no files associated with this item.

Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  20 July 2017/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator