Correlation-robust auction design

We study the design of auctions when the auctioneer has limited statistical information about the joint distribution of the bidders' valuations. More specifically, we consider an auctioneer who has an estimate of the marginal distribution of a generic bidder's valuation but does not have r...

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Bibliographic Details
Main Authors: HE, Wei, Li, Jiangtao
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2022
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/2409
https://ink.library.smu.edu.sg/context/soe_research/article/3408/viewcontent/Correlation.pdf
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Institution: Singapore Management University
Language: English