k-price auctions and Combination auctions

Martin Mihelich and Yan Shu

Papers from arXiv.org

Abstract: We provide an exact analytical solution of the Nash equilibrium for $k$- price auctions. We also introduce a new type of auction and demonstrate that it has fair solutions other than the second price auctions, therefore paving the way for replacing second price auctions.

Date: 2018-09, Revised 2019-03
New Economics Papers: this item is included in nep-des and nep-gth
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1810.03494

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