论文信息 - Demand reduction in multi-unit auctions with varying number of bidders and units

Demand reduction in multi-unit auctions with varying number of bidders and units

We examine the effect of varying the number of bidders and units on bid values in multi-unit auctions. Our results suggest that the uniform-price auction is sensitive to demand reduction, however, increasing the number of bidders or/and units can significantly decrease it.

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