:   . .
:  
:  50
:   -
:  2014
:   . . / . 50. .: , 2014. .110-142.
:   , , , , ,
(.):  reserve price, revenue optimization, competition, competitive pressure, symmetric auctions, position auction
:   , , . ( ) . , .
(.):  In this paper I analyze the reserve price efficacy of an auction, that is the relative value of the expected revenue increase induced by the optimal reserve price. I define the competitive
pressure in an auction and the notion of one auction dominance over another auction in terms of competition level. After that I prove that the reserve price efficacy decays with respect to the increase of competition level. Finally I provide some examples of auction attributes, which monotonically affect the competition level.

PDF
-

: 3947, : 1489, : 18.


© 2007.