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About Dissertation - VanWelbergen - Information Uncertainty in Auction Theory
This dissertation submitted by Nikoleta van Welbergen to Bielefeld University in partial fulfillment of the requirements for a doctoral degree examines introducing information uncertainty into auction theory. It does so in three different ways through three separate chapters. Chapter 1 shows how the generic optimal auction format known as the Crémer-McLean auction fails when the seller and bidders have slightly different beliefs. Chapter 2 explores how allowing bidders to question the distribution of private values influences bidding behavior. Chapter 3 develops a model where the seller may be manipulative, changing the standard information structure, and examines equilibrium outcomes in signaling games between the seller and bidders.
Detailed Information
| Author: | ['Nam'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 143 |
| Language: | English |
| Format: | |
| Price: | FREE |
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