To make high-quality research more accessible and easier to explore.

Fields:

Efficient Entry in Competing Auctions

American Economic Review 2014 104(10), 3288-3296 open access
In this paper, we demonstrate the efficiency of seller entry in a model of competing auctions in which we allow for both buyer and seller heterogeneity. This generalizes existing efficiency results in the competitive search literature by simultaneously allowing for nonrival (many-on-one) meetings and private information.