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Reduced Form Auctions Revisited

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Abstract

This note uses the Theorem of the Alternative to prove new results on the implementability of general, asymmetric auctions, and to provide simpler proofs of known results for symmetric auctions. The tradeoff is that type spaces are taken to be finite.

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References

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Correspondence to Kim C. Border.

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Border, K.C. Reduced Form Auctions Revisited. Economic Theory 31, 167–181 (2007). https://doi.org/10.1007/s00199-006-0080-z

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  • DOI: https://doi.org/10.1007/s00199-006-0080-z

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