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Slide 1 Strategic Bidding in Auctions Phil Haile Yale University Slide 2 Prevalent Auction Types Ascending Auction (a.k.a. English auction) Ascending Auction (a.k.a. English…

Documents Economics 100B

Economics 100B Instructor: Ted Bergstrom T.A. Oddgeir Ottesen Syllabus online at www.econ.ucsb.edu (Class pages) Or at www.econ.ucsb.edu\~tedb (Econ 100B) Donât forget to…

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Economics 100C Have you ever bid for anything on eBay? Yes, frequently Yes, but not frequently No Equilibrium bids in first and second price sealed bid auctions with private…