Mean sample spacings, sample size and variability in an auction-theoretic framework

被引：17

作者：

Paul, A ^{[1
]}

Gutierrez, G

机构：

[1] Univ Florida, Warrington Coll Business, Gainesville, FL 32611 USA

[2] Univ Texas, McCombs Sch Business, Austin, TX 78712 USA

来源：

OPERATIONS RESEARCH LETTERS | 2004年 / 32卷 / 02期

关键词：

auction theory; order statistics; sample spacings; stochastic ordering;

D O I：

10.1016/S0167-6377(03)00071-3

中图分类号：

C93 [管理学]; O22 [运筹学];

学科分类号：

070105 ; 12 ; 1201 ; 1202 ; 120202 ;

摘要：

In terms of a standard model for English auctions and sealed-bid auctions, we study the impact of an increase in bidding competition and in variance of the distribution of valuations on the winner's expected rent using tools from order statistics and stochastic ordering. (C) 2003 Elsevier B.V. All rights reserved.

引用

页码：103 / 108

页数：6