DP4009 | Auctions with Weakly Assymmetric Interdependent Values

Publication Date

23/08/2003

JEL Code(s)

Keyword(s)

Programme Area(s)

Abstract

We study second price auctions with weakly asymmetric interdependent values where bidders' signals for the value are independently and identically distributed. We also prove an asymptotic revenue equivalence among all standard auctions with weakly asymmetric interdependent values.