Lowest-unmatched price auctions
Lowest-Unmatched Price Auctions (LUPAs) specify that the lowest bid placed by only one participant wins. They are used in internet trading and TV and radio shows. We model LUPAs as games with minimal restrictions, in particular allowing players to place more than one bid, since multiple bids have be...
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| Main Authors: | , |
|---|---|
| Format: | Article (Journal) |
| Language: | English |
| Published: |
29 July 2015
|
| In: |
International journal of industrial organization
Year: 2015, Volume: 43, Pages: 1-17 |
| ISSN: | 0167-7187 |
| DOI: | 10.1016/j.ijindorg.2015.07.004 |
| Online Access: | Verlag, lizenzpflichtig, Volltext: https://doi.org/10.1016/j.ijindorg.2015.07.004 Verlag, lizenzpflichtig, Volltext: http://www.sciencedirect.com/science/article/pii/S0167718715000752 |
| Author Notes: | Jürgen Eichberger, Dmitri Vinogradov |
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