This article develops a model allowing asymmetric information between two bidders in an auction for a common-value object. It supposes that there is a common prior distribution on the object's value ...

Fantasy football has evolved, and while snake drafts remain the most common format, auction drafts — also known as salary cap ...

R. Preston McAfee, John McMillan, Philip J. Reny, Extracting the Surplus in the Common-Value Auction, Econometrica, Vol. 57, No. 6 (Nov., 1989), pp. 1451-1459 ...

The common-value auction is a game in which the most aggressive defector ultimately suckers himself. Source: We can translate these considerations into a payoff or preference matrix.

I have my own idea of its value, you have yours and the only question is whose value — and thus whose bid — is higher. The wallet auction is known as a common value auction.

Through Its Wholly Owned Subsidiary Steel Excel, Inc. to Commence Dutch Auction Tender Offer to Repurchase up to $100 Million in Value of Its Common Units April 07, 2022 04:15 PM Eastern Daylight Time ...

The common-value auction is a game in which the most aggressive defector ultimately suckers himself. We can translate these considerations into a payoff or preference matrix.