Common value auction
In common value auctions the value of the item for sale is identical amongst bidders, but bidders have different information about the item's value. This stands in contrast to a private value auction where each bidder's private valuation of the item is different and independent of peers' valuations.
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Common value auction
In common value auctions the value of the item for sale is identical amongst bidders, but bidders have different information about the item's value. This stands in contrast to a private value auction where each bidder's private valuation of the item is different and independent of peers' valuations.
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In common value auctions the v ...... rical literatures on auctions.
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Una subasta de valor común es ...... zas de arte, antigüedades, etc
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1,016,803,435
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In common value auctions the v ...... ependent of peers' valuations.
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Una subasta de valor común es ...... de valores interdependientes.
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Common value auction
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Subasta de valor común
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