摘要翻译:
本文在$k$th价格拍卖和加泰罗尼亚数之间建立了一种有趣的联系,证明了对于具有线性密度的分布,$k\geq3$$th价格拍卖在任意对称的递增均衡下的出价函数可以表示为一个$k-2$项的有限级数,其$ell$th项涉及$ell$th加泰罗尼亚数。利用Catalan数的积分表示,结合一些经典的组合恒等式,给出了非均匀分布的k$th价格拍卖的唯一对称递增平衡点的封闭形式。
---
英文标题:
《$k$th price auctions and Catalan numbers》
---
作者:
Abdel-Hameed Nawar, Debapriya Sen
---
最新提交年份:
2018
---
分类信息:
一级分类:Economics 经济学
二级分类:Theoretical Economics 理论经济学
分类描述:Includes theoretical contributions to Contract Theory, Decision Theory, Game Theory, General Equilibrium, Growth, Learning and Evolution, Macroeconomics, Market and Mechanism Design, and Social Choice.
包括对契约理论、决策理论、博弈论、一般均衡、增长、学习与进化、宏观经济学、市场与机制设计、社会选择的理论贡献。
--
---
英文摘要:
This paper establishes an interesting link between $k$th price auctions and Catalan numbers by showing that for distributions that have linear density, the bid function at any symmetric, increasing equilibrium of a $k$th price auction with $k\geq 3$ can be represented as a finite series of $k-2$ terms whose $\ell$th term involves the $\ell$th Catalan number. Using an integral representation of Catalan numbers, together with some classical combinatorial identities, we derive the closed form of the unique symmetric, increasing equilibrium of a $k$th price auction for a non-uniform distribution.
---
PDF链接:
https://arxiv.org/pdf/1808.05996