Title:

Computing Profit-Maximizing Bid Shading Factors in First-Price Sealed-Bid Auctions

Authors:

Paulo Fagandini (U Nova, CEFAGE-ISCAL)
Ingemar Dierickx (ID Consulting Ltd, Lake Tekapo)

Journal:

Computational Economics

Year:

2023

Volume:

61

Number:

3

Pages:

1009-1035

JEL codes:

D44 - Auctions
L25 - Firm Performance: Size, Diversification and Scope, Age, Profit, and Sales