Disclosure or not, when there are three bidders?
(2016)
Journal Article
Li, D. Z. (2016). Disclosure or not, when there are three bidders?. Economics Bulletin, 36(1), 349-354
This paper provides a more general sufficient condition than Hummel and McAfee (2015) for optimal information disclosure in auctions when there are three bidders. We show that the optimal disclosure policy is related to the skewness of the distributi... Read More about Disclosure or not, when there are three bidders?.