Now showing items 1-2 of 2

    • The Impact of Resale on Entry in Second Price Auctions 

      Che, XiaoGang; Lee, Peter; Yang, Yibai (School of Economics, 2013-04)
      This paper investigates the effect of resale allowance on entry strategies in a second price auction with two bidders whose entries are sequential and costly. We first characterize the perfect Bayesian equilibrium in ...
    • Internet Auctions with a Temporary Buyout Option 

      Che, XiaoGang (Discipline of Economics, 2010-12)
      We model an Internet auction with a temporary buyout option. Our main result shows that under certain parameter values, there exist two types of equilibria where offering a temporary buyout option with an appropriate reserve ...