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https://hdl.handle.net/20.500.11851/6363
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Akyol, Ethem | - |
dc.date.accessioned | 2021-09-11T15:36:02Z | - |
dc.date.available | 2021-09-11T15:36:02Z | - |
dc.date.issued | 2021 | en_US |
dc.identifier.issn | 0165-1765 | - |
dc.identifier.issn | 1873-7374 | - |
dc.identifier.uri | https://doi.org/10.1016/j.econlet.2021.109845 | - |
dc.identifier.uri | https://hdl.handle.net/20.500.11851/6363 | - |
dc.description.abstract | We consider second-price auctions with participation costs and investigate the revenue effects of a resale possibility. There are two potential bidders whose valuations are independently and identically distributed, and each bidder must incur a participation cost to bid in the auction. Due to these costs, there may be a resale opportunity in an otherwise efficient second-price auction. We show that when values are drawn from a uniform distribution, resale increases (decreases) entry of the lower-(higher-)cost bidder and decreases the original seller's expected revenue. (C) 2021 Elsevier B.V. All rights reserved. | en_US |
dc.language.iso | en | en_US |
dc.publisher | Elsevier Science Sa | en_US |
dc.relation.ispartof | Economics Letters | en_US |
dc.rights | info:eu-repo/semantics/closedAccess | en_US |
dc.subject | Second-price auctions | en_US |
dc.subject | Resale | en_US |
dc.subject | Participation cost | en_US |
dc.subject | Expected revenue | en_US |
dc.title | Can Resale Harm the Original Seller in a Second-Price Auction? | en_US |
dc.type | Article | en_US |
dc.department | Faculties, Faculty of Economics and Administrative Sciences, Department of Economics | en_US |
dc.department | Fakülteler, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü | tr_TR |
dc.identifier.volume | 203 | en_US |
dc.authorid | 0000-0002-2014-7152 | - |
dc.identifier.wos | WOS:000651119700011 | en_US |
dc.identifier.scopus | 2-s2.0-85104090289 | en_US |
dc.identifier.doi | 10.1016/j.econlet.2021.109845 | - |
dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
dc.identifier.scopusquality | Q2 | - |
item.openairetype | Article | - |
item.languageiso639-1 | en | - |
item.grantfulltext | none | - |
item.fulltext | No Fulltext | - |
item.openairecristype | http://purl.org/coar/resource_type/c_18cf | - |
item.cerifentitytype | Publications | - |
crisitem.author.dept | 04.01. Department of Economics | - |
Appears in Collections: | İktisat Bölümü / Department of Economics Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection |
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