Browsing University of Missouri-Columbia by Title "Information Aggregation in Auctions with an Unknown Number of Bidders"
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Information Aggregation in Auctions with an Unknown Number of Bidders
(Department of Economics, 2005)Information aggregation, a key concern for uniform-price, common-value auctions with many bidders, has been characterized in models where bidders know exactly how many rivals they face. A model allowing for uncertainty ...