First-Price auction symmetric equlibria with a general distribution


Autoria(s): Monteiro, P. K.
Data(s)

13/05/2008

13/05/2008

01/09/2004

Resumo

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.

Identificador

01048910

http://hdl.handle.net/10438/455

Idioma(s)

en_US

Publicador

Escola de Pós-Graduação em Economia da FGV

Relação

Ensaios Econômicos;568

Palavras-Chave #Economia #Leilões
Tipo

Working Paper