Revealing information in auctions: the allocation effect

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Revealing information in auctions: the allocation effect

机译：在拍卖中公开信息：分配效应

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When there are two bidders, releasing independent information in an English auction with private values makes the seller worse off. However, this is no longer true with more bidders: when there is enough competition, revelation benefits the auctioneer. In three examples the dividing case is shown to be three bidders. This allocation effect applies to other standard auctions and parallels the bundling decision in a multi-unit auction.

机译：当有两个竞标者时，在具有私人价值的英语拍卖中发布独立信息会使卖方的处境更糟。但是，对于更多的竞标者而言，情况已不再如此：当有足够的竞争时，启示会给拍卖师带来好处。在三个示例中，分割情况显示为三个投标人。这种分配效应适用于其他标准拍卖，并且在多单位拍卖中与捆绑决策平行。

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《Economic Theory》 |2009年第1期|p.125-135|共11页
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Revealing information in auctions: the allocation effect

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