What are the connections between auction theory and other areas of game theory?

Author(s): Garratt, Rodney J.; Wooders, John | Abstract: Experiments on second-price sealed-bid private value auctions have established that subjects ... Oct 24, 2024 ... In a first-price auction setting, the minimum bids don't directly sway the final auction prices. Yet, they do play a role in shaping how bidders ... Dec 19, 2007 ... This article further studies ex ante efficient auctions in the setting of Stegeman (1996 Participation costs and efficient auctions, Journal of Economic Theory ... May 10, 2019 ... Google Ad Manager will be transitioning to a unified, first price auction this year. This change will simplify our publisher platform and create a fair and ... Mar 15, 2022 ... Second-Price Auction ... A type of auction model in programmatic advertising, second-price auctions are where the highest bidder wins but only ... Jan 14, 2022 ... ... second-price” auctions to place ads across the web. In a second-price auction, the highest bidder wins, but only has to pay whatever the ... Apr 23, 2019 ... Second price auctions work similarly to auctions on sites like eBay. All advertisers bid on a publisher's inventory, but the winning bidder pays ... In 1797Johann Wolfgang von Goethe sold a manuscript through a second-price auction. We investigate Goethe's motivation in the context of the late eighteenth ... Oct 19, 2022 ... We study reserve price optimization in multi-phase second price auctions, where seller's prior actions affect the bidders' later valuations ... Jul 2, 2018 ... Almost all blockchains use a mechanism that is equivalent to a first-price auction: everyone submits a bid, and then if they get included they pay exactly the ...