Discriminatory Auctions with Resale
Isa Hafalir and
No 2015-E12, GSIA Working Papers from Carnegie Mellon University, Tepper School of Business
We consider multi-unit discriminatory auctions where ex-ante symmetric bidders have single-unit demands and resale is allowed after the bidding stage. When bidders use the optimal auction to sell the items in the resale stage, the equilibrium without resale is not an equilibrium. We find a symmetric and monotone equilibrium when there are two units for sale, and, interestingly, show that there may not be a symmetric and monotone equilibrium if there are more than two units.
New Economics Papers: this item is included in nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Our link check indicates that this URL is bad, the error code is: 401 Unauthorized
Journal Article: Discriminatory auctions with resale (2019)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cmu:gsiawp:1153281920
Ordering information: This working paper can be ordered from
http://student-3k.te ... /gsiadoc/GSIA_WP.asp
Access Statistics for this paper
More papers in GSIA Working Papers from Carnegie Mellon University, Tepper School of Business Tepper School of Business, Carnegie Mellon University, 5000 Forbes Avenue, Pittsburgh, PA 15213-3890.
Bibliographic data for series maintained by Steve Spear ().