Hybrid Auctions

Dutra, Joisa; Menezes, Flavio

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Hybrid Auctions

Date

2002

Authors

Dutra, Joisa

Menezes, Flavio

Publisher

Elsevier

Abstract

In this paper we analyze a hybrid auction that combines a first-price and a Vickrey auction. We show that this auction may generate more expected revenue than a standard first-price auction.