Browsing Documentos Indexados pela Scielo by Subject "Leilões"
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A note on auctions with compulsory partnership
2016-12-01We study a symmetric, profit share, common value auction with a twist: One (fixed) Bidder, if not winning the auction, has to enter a partnership with the winner, sharing both expenses and revenue at rate (say) 0 < λ < 1. ...


