Sentence examples for price auction from inspiring English sources

What about if we switch from the second price auction, or eBay, to a first-price auction?

A normal ascending price auction might be better.

In particular, we show that the kth price auction generates higher revenue than the second-price auction, for all k>2.

The Vickrey second price auction does not belong to this class.

Notes for lecture 32, Friday, April 6th on Generalized second price auction.

In a first price auction you're going to shade your bid under your value.

We revisit this question in first-price auction markets.

We find that the second-price auction works better on-margin, and the random nth-price auction works better off-margin.

In particular, we derive the externality-robust counterpart of the second-price auction.

We then compare the random nth-price to the second-price auction.

The discriminatory auction results in higher market prices than the uniform-price auction.