Bidding Dynamics in Auctions
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https://www.nber.org/papers/w22716
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资源简介：
This paper studies bidding dynamics where values and bidding opportunities follow an unrestricted joint Markov process, independent across agents. Bids cannot be retracted, as is frequently the case in auctions. Our main methodological contribution is that we construct a mapping from this general
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美国国家经济研究局创建时间：
2016-10-01
