谢谢建议。不过这篇文章是研究auction必读啊,我很早以前读过了。
这个问题很难,现有的论文、书籍上没有答案。Milgrom and Weber 82研究了affilated value auction,但并没有涉及到两个auction的比较。假设说In the symmetric affiliated-value model, a bidder observing signal Wi has value U(Wi, {Wj},j<>i). Bidder i’s bid function is b(w) = E(U|Wi = w,Wm = w), where Wm is the maximum value among the other bidders. The winner’s expected profit is EU(W(1), {W(j)}, (j)<>(1)) − E(b(W(2))), where W(1),...,W(n) are order statistics in decreasing order.
接下来就得比较两个auction的winner expected profit了。但这里涉及到conditional probability,怎么比呢?
2# pppjw