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Published December 10, 2015 | public
Book Section - Chapter Open

Commitment in First-Price Auctions


We study a variation of the single-item sealed-bid first-price auction where one bidder (the leader) is given the option to publicly pre-commit to a distribution from which her bid will be drawn.

Additional Information

© 2015 Springer-Verlag Berlin Heidelberg. This research was supported in part by NSF grants CCF-0910940 and CNS-1254169, the Charles Lee Powell Foundation, and a Microsoft Research Faculty Fellowship.

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August 20, 2023
August 20, 2023