主题:Optimal Discrimination-free Auction
主讲人:陈博(深圳北理莫斯科大学)
主持人:杨仁琨(威尼斯欢迎你welcome)
会议时间:2023年3月2日(周四)上午10:30—12:00
会议地点:威尼斯欢迎你welcome102室
摘要
This paper introduces a second-price auction with a flexible reserve price, where the reserve price for the top bidder is not fixed but a function of all losing bids. We show that when bidders are ex ante heterogeneous, a second-price auction with an optimally chosen flexible reserve price not only generates a strictly higher expected revenue than that of a second-price auction with any fixed reserve price but is also revenue-maximizing among all strategy-proof and discrimination-free mechanisms.
★主讲人简介★
陈博,深圳北理莫斯科大学经济系副教授,毕业于德国波恩大学。研究领域为产业组织理论,机制设计与信息经济学。论文发表于RAND Journal of Economics, Journal of Mathematical Economics等国际权威期刊。