14-015/I - How Risk Sharing may enhance Efficiency in English Auctions

• Authors
  Audrey Hu, University of Amsterdam; Theo Offerman, University of Amsterdam; Liang Zou, University of Amsterdam
• Publication date
  January 24, 2014

• Keywords
  Risk sharing, Pareto efficiency, Premium auction, English auction, Reserve price, Ensuing risk, Heterogeneous risk preferences
• JEL
  D44