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- W1979203414 abstract "Except for well-studied special cases in which bidders have single-unit demand or bidders are risk-neutral with independent private values, equilibria of uniform-price auctions with private values need not possess familiar monotonicity properties. In particular, equilibria in weakly undominated strategies may exist in which some bidders bid strictly less on some units when they have strictly higher values for every unit." @default.
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- W1979203414 date "2007-11-01" @default.
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- W1979203414 title "On the failure of monotonicity in uniform-price auctions" @default.
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- W1979203414 doi "https://doi.org/10.1016/j.jet.2007.01.002" @default.
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