Alcalde, Jose, Dahm, Matthias
The complete information first-price auction or the importance of being indivisible
URI: http://hdl.handle.net/10045/4506
DOI: 
ISSN: 
Abstract: 
Despite the popularity of auction theoretical thinking, it appears that no one has
presented an elementary equilibrium analysis of the First-price sealed-bid auction
mechanism under complete information. This paper aims to remedy that omission.
Keywords:First-price auctions, Undominated Nash equilibria
info:eu-repo/semantics/workingPaper