CORDIS Project
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This project investigates how information is aggregated in multiple auction markets where bidders choose from various goods. It analyzes the impact of market frictions on decision-making and information sharing, revealing how these imperfections can affect overall market efficiency and information accuracy.
This project studies information aggregation in multiple-linked auction markets with large numbers of goods and bidders.
Past work assumes bidders trade in a single, centralized, frictionless auction market.
Instead, I study bidders with unit demand who decide to purchase one of many possible goods which are on auction in distinct markets.
The goods traded in each market are identical, common-value objects and the price is determined by a uniform-price auction.
Bidders receive imperfect signals…
KOC UNIVERSITY
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United Kingdom, London
Type: University / higher education
Activity type: Higher or Secondary Education Establishments
SME: No
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