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 Date: 2015-06-25 03:05:02Auction theory Auctions Game theory Decision theory Gaming VickreyClarkeGroves auction Auction Competitive equilibrium Sponsored search auction Generalized second-price auction |
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0 An Expressive Mechanism for Auctions on the Web ¨ PAUL DUTTING , London School of Economics and Political Science MONIKA HENZINGER, University of Vienna
![BNE and Auction Theory Homework 1. For two agents with values U [0, 1] and U [0, 2], respectively: (a) show that the first-price auction is not socially optimal in BNE. (b) give an auction with “pay your bid if you win](https://www.pdfsearch.io/img/26edde5edc3f5ad99d2c4f69417dfd70.jpg "BNE and Auction Theory Homework 1. For two agents with values U [0, 1] and U [0, 2], respectively: (a) show that the first-price auction is not socially optimal in BNE. (b) give an auction with “pay your bid if you win")
