Sequential and Simultaneous Auctions
Asunción Mochón and
Yago Sáez
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Asunción Mochón: UNED University
Yago Sáez: University Carlos III of Madrid
Chapter 5 in Understanding Auctions, 2015, pp 59-72 from Springer
Abstract:
Abstract In Chap. 4 , we studied the main multi-unit auction models in which identical items are offered in a single auction. However, the seller also has the option of offering multiple items, both homogeneous and heterogeneous, in different auctions. These auctions may be performed at the same time (simultaneous auctions) or one after another (sequential auctions). In this chapter, we will present these two alternatives.
Keywords: Activity Rule; Winning Bidder; Sequential Auction; Movie Ticket; Simultaneous Auction (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-319-08813-6_5
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DOI: 10.1007/978-3-319-08813-6_5
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