Title of article
Equilibrium and efficiency in auctions of complementary goods without bundling
Author/Authors
Hee-Su Kim، نويسنده , , Kim ، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1996
Pages
6
From page
49
To page
54
Abstract
In selling complementary goods without bundling through a first-price or second-price auction, if the value of the whole bundle of objects is significantly higher than that of any incomplete bundle, then we can derive an equilibrium in which the allocation is efficient and the sellerʹs revenue is maximized.
Keywords
auction , Efficiency , Complementary goods
Journal title
Economics Letters
Serial Year
1996
Journal title
Economics Letters
Record number
434144
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