Browsing FGV EPGE - Seminários de Pesquisa Econômica by Title "Sequential auctions with continuation costs"

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    • Sequential auctions with continuation costs 

      Menezes, Flavio Marques
      1993-08-30
      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 'when do bidders drop out,' we define ...