Results 11 to 20 of about 332,580 (295)
Double auction with interdependent values: incentives and efficiency [PDF]
Theoretical Economics An open-access journal in economic theory, 2016 We study a double auction environment where buyers and sellers have interdependent valuations and multi-unit demand and supply. We propose a new mechanism which satisfies ex post incentive compatibility, individual rationality, feasibility, non ...
Kojima, Fuhito, Yamashita, Takuro
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Bargaining with interdependent values [PDF]
, 2001 A seller and a buyer bargain over the terms of trade for an object. The seller receives a perfect signal that determines the value of the object to both players, whereas the buyer remains uninformed.
Deneckere, Raymond, Liang, Meng-Yu
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Online Auctions for Bidders with Interdependent Values [PDF]
Proceedings of the 6th international joint conference on Autonomous agents and multiagent systems, 2010 Interdependent values (IDV) is a valuation model allowing bidders in an auction to express their value for the item(s) to sell as a function of the other bidders' information.
Constantin, Florin +2 more
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Unlocking values through infrastructure interdependencies [PDF]
Infrastructure Asset Management, 2020 Urban infrastructure is a complex interdependent system of systems. It provides a framework that connects and integrates social, cultural, financial, natural, technological and human values. This paper contributes to the development of new approaches towards urban infrastructure governance, identified as one of the key issues in the field of ...
Aksel Ersoy +2 more
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Partnership dissolution with interdependent values [PDF]
The RAND Journal of Economics, 2006 We study partnership dissolution when the valuations are interdependent and only one party is informed about the valuations. In contrast with the case of private values (Cramton, Gibbons, and Klemperer 1987), in which efficient trade is feasible whenever initial shares are about equal, there exists a wide class of situations in which full efficiency ...
Jehiel, Pilippe +3 more
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Bargaining with Interdependent Values [PDF]
Econometrica, 2006 A seller and a buyer bargain over the terms of trade for an object. The seller receives a perfect signal that determines the value of the object to both players, whereas the buyer remains uninformed. We analyze the infinite-horizon bargaining game in which the buyer makes all the offers.
Raymond Deneckere, Meng-Yu Liang
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Information Acquisition in Interdependent Value Auctions [PDF]
Journal of the European Economic Association, 2009 We consider an auction environment with interdependent values. Each bidder can learn her payoff type through costly information acquisition. We contrast the socially optimal decision to acquire information with the equilibrium solution in which each agent has to privately bear the cost of information acquisition.
Dirk Bergemann +2 more
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Equilibrium selection in interdependent value auctions [PDF]
Mathematical Social Sciences, 2019 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Elnaz Bajoori, Dries Vermeulen
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Interdependent Values without Single-Crossing [PDF]
Proceedings of the 2018 ACM Conference on Economics and Computation, 2018 We consider a setting where an auctioneer sells a single item to $n$ potential agents with {\em interdependent values}. That is, each agent has her own private signal, and the valuation of each agent is a known function of all $n$ private signals. This captures settings such as valuations for artwork, oil drilling rights, broadcast rights, and many ...
Eden, Alon +3 more
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Reputation Effects Under Interdependent Values [PDF]
SSRN Electronic Journal, 2016 A patient player privately observes a persistent state and interacts with an infinite sequence of myopic uninformed players. The patient player is either a strategic type who maximizes his payoff or one of several commitment types who mechanically play the same action in every period. I focus on situations in which the uninformed player's best reply to
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