Bidding Clubs in First-Price Auctions: Revision history

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24 December 2023

  • curprev 03:5103:51, 24 December 2023‎ SatoshiNakamoto talk contribs‎ 1,698 bytes +1,698‎ Created page with "Title: Bidding Clubs in First-Price Auctions Research Question: Can a group of bidders in a first-price auction benefit from coordinating their bids, and if so, how can they do it? Methodology: The researchers modeled the situation as a Bayesian game, which is a type of game where each player makes a decision based on their own private information and their beliefs about the other players' information. They considered the case where a set of bidders form a "bidding clu..."
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