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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Bibliographic Details
Main Authors: Eichberger, Jürgen (Author) , Vinogradov, Dmitri V. (Author)
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
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Author Notes:Jürgen Eichberger, Dmitri Vinogradov
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