Discussion paper

DP4009 Auctions with Weakly Assymmetric Interdependent Values

We study second price auctions with weakly asymmetric interdependent values where bidders' signals for the value are independently and identically distributed. We also prove an asymptotic revenue equivalence among all standard auctions with weakly asymmetric interdependent values.

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Citation

Sela, A, A Gavious and G Fibich (eds) (2003), “DP4009 Auctions with Weakly Assymmetric Interdependent Values”, CEPR Press Discussion Paper No. 4009. https://cepr.org/publications/dp4009