Valuation uncertainty and imperfect introspection in second-price auctions
In auction theory, agents are typically presumed to have perfect knowledge of their valuations. In practice, though, they may face barriers to this knowledge due to transaction costs or bounded rationality. Modeling and analyzing such settings has been the focus of much recent work, though a canonic...
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| Language: | English |
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University of British Columbia
2011
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| Online Access: | http://hdl.handle.net/2429/32362 |