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Journals ACM SIGecom Exchanges Volume 6 Issue 2

In this paper we compute Bayes-Nash equilibria for first price single unit auctions and m th price multi unit auctions, when the auction has a set of possible closing times, one of which is chosen randomly for the auction to end at. Thus the auctions have one or more rounds of sealed bids. We compute such equilibria for a wide range of assumptions and demonstrate the method used by an agent to generate these strategies.

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Bayes-Nash equilibria for m th price auctions with multiple closing times

Vetsikas, Ioannis A.; Selman, Bart
ACM SIGecom Exchanges , Volume 6 (2)
Association for Computing Machinery – Jan 1, 2007

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