TY  - JOUR
AU  - Castro Cantalejo, Javier
AU  - Espínola Vílchez, María Rosario
AU  - Gutiérrez García-Pardo, Inmaculada
AU  - Gómez González, Daniel
PY  - 2022
DO  - 10.1007/s10614-022-10259-1
SN  - 0927-7099
UR  - https://hdl.handle.net/20.500.14352/71561
T2  - Computational Economics
AB  - In this paper we define a new auction, called the Draw auction. It is based on the implementation of a draw when a minimum price of sale is not reached. We find that a Bayesian Nash equilibrium is reached in the Draw auction when each player bids his...
LA  - eng
PB  - Springer Nature
KW  - Auctions and Bidding
KW  - Bimodal Distribution
KW  - Myerson Auction
KW  - Second-Price Auction
KW  - Draw auction
TI  - Auctions: A New Method for Selling Objects with Bimodal Density Functions
TY  - journal article
ER  -