Seminars in Economics

Seminars in Economics

Views Navigation

Event Views Navigation

Today

[Academic Events] Seminars in Economics Alp Atakan (Queen Mary University)

"Price Discovery in a Large Auction with Costly Information" Abstract: We study a common-value auction in which a large number of identical, indivisible object are sold to a large number of ex-ante identical bidders with unit demand. There is costly information acquisition or costly entry. We derive the limit price distribution. This allows us to…