Now showing items 1-2 of 2

    • Synergies and price trends in sequential auctions 

      Menezes, Flavio Marques; Monteiro, P. K.
      In this paper we consider sequential auctions where an individual’s value for a bundle of objects is either greater than the sum of the values for the objects separately (positive synergy) or less than the sum (negative ...
    • Why do bidders drop out from a sequential auction 

      Menezes, Flavio Marques; Engelbrecht-Wiggans, Richard
      In actual sequential auctions, 1) bidders typically incur a cost in continuing from one sale to the next, and 2) bidders decide whether or not to continue. To investigate the question 'why do bidders drop out,' we define ...