Robustly optimal reserve price

We study a robust version of the single-unit auction problem. The auctioneer has confidence in her estimate of the marginal distribution of a generic bidder's valuation, but does not have reliable information about the joint distribution. In this setting, we analyze the performance of second-pr...

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Bibliographic Details
Main Authors: HE, Wei, LI, Jiangtao
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2019
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/2277
https://ink.library.smu.edu.sg/context/soe_research/article/3275/viewcontent/RobustlyOptimalReserve.pdf
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Institution: Singapore Management University
Language: English
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