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Ryota Iijima

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Preprint Sep 2026

Auctions as Experiments

Consider an auction with buyers whose values depend on an underlying state (e.g., market fundamentals). How does the auction format shape the information that buyers'bids reveal about the state? We recast auctions as statistical experiments and compare different auction formats in terms of the (Lehmann) informativeness...

Mira Frick, Ryota Iijima, Y. Ishii et al. · 0 citations

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