Arbeitspapier
The Herodotus Paradox
The Babylonian bridal auction, described by Herodotus, is regarded as one of the earliest uses of an auction in history. Yet, to our knowledge, the literature lacks a formal equilibrium analysis of this auction. We provide such an analysis for the twoplayer case with complete and incompete information, and in so doing identify what we call the Herodotus Paradox.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 10-090/2
- Klassifikation
-
Wirtschaft
Noncooperative Games
Auctions
- Thema
-
second price
transfer to loser
Auktionstheorie
Unvollkommene Information
Gleichgewicht
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Baye, Michael R.
Kovenock, Dan
de Vries, Casper G.
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Baye, Michael R.
- Kovenock, Dan
- de Vries, Casper G.
- Tinbergen Institute
Entstanden
- 2010
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