Title

Auctions and Bidding Models: A Survey

Document Type

Discussion Paper

Publication Date

9-1-1978

CFDP Number

496

CFDP Pages

48

Abstract

Auctions and bidding models are attracting an ever increasing amount of attention. The Stark and Rothkopf (1977) bibliography includes approximately 500 papers on the subject; additional work has been reported since the bibliography was compiled. This paper presents a general framework for classifying and describing various auctions and bidding models, and surveys the major results of the literature in terms of this framework.

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