Browsing ECO Working Papers by Author "DONI, Nicola"

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Browsing ECO Working Papers by Author "DONI, Nicola"

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    Title: Revenue Comparison in Asymmetric Auctions with Discrete Valuations  Author(s): DONI, Nicola; MENICUCCI, Domenico Date: 2011-01-01 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: We consider an asymmetric auction setting with two bidders such that the valuation of each bidder has a binary support. We prove that in this context the second price auction yields a higher expected revenue than the first ...