Publication:
The role of information in auctions

dc.contributor.coauthorEkmekci, Mehmet
dc.contributor.departmentDepartment of Economics
dc.contributor.kuauthorAtakan, Alp Enver
dc.contributor.otherDepartment of Economics
dc.contributor.schoolcollegeinstituteCollege of Administrative Sciences and Economics
dc.date.accessioned2024-12-29T09:41:30Z
dc.date.issued2024
dc.description.abstractThis review discusses the seminal contributions of Engelbrecht-Wiggans et al. (1983) Milgrom and Weber (1982a) to the literature that studies the role of information in auctions. We describe the results in these papers and present several extensions. Much of the earlier literature on auctions takes the information environment as exogenous. The extensions that we present will demonstrate how the insights of Engelbrecht-Wiggans et al. (1983) and Milgrom and Weber (1982a) apply to the more recent literature on flexible information acquisition in auctions where the information structure is endogenously determined in equilibrium.
dc.description.indexedbyWoS
dc.description.indexedbyScopus
dc.description.publisherscopeInternational
dc.description.volume114
dc.identifier.doi10.1016/j.jmateco.2024.103027
dc.identifier.eissn1873-1538
dc.identifier.issn0304-4068
dc.identifier.quartileQ3
dc.identifier.scopus2-s2.0-85199807579
dc.identifier.urihttps://doi.org/10.1016/j.jmateco.2024.103027
dc.identifier.urihttps://hdl.handle.net/20.500.14288/23671
dc.identifier.wos1282578300001
dc.keywordsAuctions
dc.keywordsInformation
dc.keywordsCost of information
dc.languageen
dc.publisherElsevier Inc.
dc.sourceJournal of Mathematical Economics
dc.subjectEconomics
dc.subjectMathematics, interdisciplinary applications
dc.subjectSocial sciences, mathematical methods
dc.titleThe role of information in auctions
dc.typeJournal article
dspace.entity.typePublication
local.contributor.kuauthorAtakan, Alp Enver
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