First-price auction symmetric equilibria with a general distribution

Paulo Monteiro

No 616, FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) from EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil)

Abstract: In this paper I obtain the mixed strategy symmetric equilibria of the first-price auction for any distribution. The equilibrium is unique. The solution turns out to be a combination of absolutely continuous distributions case and the discrete distributions case.

Date: 2006-05-01
New Economics Papers: this item is included in nep-gth and nep-mic
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Citations: View citations in EconPapers (11)

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Related works:
Journal Article: First-price auction symmetric equilibria with a general distribution (2009)
Working Paper: First-Price auction symmetric equlibria with a general distribution (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:fgv:epgewp:616

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