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- W2285113116 abstract "When analyzing the classical monopoly problem, it is natural to start by assumingthat demand is continuous and marginal revenue curves are monotonic.The same assumption, which we will refer to as the regularity assumption, isusually imposed in auction theory. In this paper we will consider departuresfrom this assumption and discuss the robustness of existing results in auctiontheory. We also draw parallels between auction theory and bargaining theorywith incomplete information and a number of buyers. In particular, auctiontheory can be used to explain why certain bargaining procedures are observed." @default.
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- W2285113116 date "2002-01-01" @default.
- W2285113116 modified "2023-09-26" @default.
- W2285113116 title "Auctions Versus Negotiations Revisited" @default.
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