THE MULTIDIMENSIONAL AUCTIONS WITH ASYMMETRIC SUPPLIERS
文献类型：期刊论文
| 作者 | Chen, Zhe1; Chen, Guang-Ya2 |
| 刊名 | JOURNAL OF NONLINEAR AND CONVEX ANALYSIS
 |
| 出版日期 | 2020 |
| 卷号 | 21期号:5页码:1047-1065 |
| 关键词 | Multidimensional auctions asymmetric suppliers bidding behavior revenue equivalence stochastic dominance |
| ISSN号 | 1345-4773 |
| 英文摘要 | In this paper, we focus on how the outcomes of multidimensional auctions are affected by the setting of asymmetric suppliers. We investigate the bidding behavior of suppliers via equilibrium bid response functions, and find that the quality choices of suppliers are not changed by the asymmetry. We prove that the "weak" supplier prefers the first-score auction in contrast that the "strong" supplier is more profitable in the second-score auction. Furthermore our main results indicate that the revenue equivalence of standard multidimensional auctions no longer holds, and the first-score auction yields higher expected utility for a buyer than the second-score auction does. Our model extends the classical multidimensional auctions to accommodate the feature of heterogeneous suppliers. Some new and different findings are also obtained in this paper. |
| 资助项目 | National Science Foundation of China[71471122] ; National Social Science Foundation of China[18BJY093] ; Social Science Research Grants of Sichuan University[skqx201601] ; Research Grants of the Key Lab of Operations Research and System Engineering of Chongqing |
| WOS研究方向 | Mathematics |
| 语种 | 英语 |
| WOS记录号 | WOS:000544585000006 |
| 出版者 | YOKOHAMA PUBL |
| 源URL | [http://ir.amss.ac.cn/handle/2S8OKBNM/51714]  |
| 专题 | 中国科学院数学与系统科学研究院 |
| 通讯作者 | Chen, Zhe |
| 作者单位 | 1.Sichuan Univ, Business Sch, Chengdu 610065, Peoples R China 2.Chinese Acad Sci, Acad Math & Syst Sci, Beijing 100190, Peoples R China |
| 推荐引用方式 GB/T 7714 | Chen, Zhe,Chen, Guang-Ya. THE MULTIDIMENSIONAL AUCTIONS WITH ASYMMETRIC SUPPLIERS[J]. JOURNAL OF NONLINEAR AND CONVEX ANALYSIS,2020,21(5):1047-1065. |
| APA | Chen, Zhe,&Chen, Guang-Ya.(2020).THE MULTIDIMENSIONAL AUCTIONS WITH ASYMMETRIC SUPPLIERS.JOURNAL OF NONLINEAR AND CONVEX ANALYSIS,21(5),1047-1065. |
| MLA | Chen, Zhe,et al."THE MULTIDIMENSIONAL AUCTIONS WITH ASYMMETRIC SUPPLIERS".JOURNAL OF NONLINEAR AND CONVEX ANALYSIS 21.5(2020):1047-1065. |
入库方式： OAI收割
来源：数学与系统科学研究院
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