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DTSTART:20070311T020000
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BEGIN:VEVENT
DTSTAMP:20260128T091728
DTSTART;TZID=America/Detroit:20260407T130000
DTEND;TZID=America/Detroit:20260407T142000
SUMMARY:Workshop / Seminar:Auctions as Experiments (with Ryota Iijima\, Yuhta Ishii\, and Nicholas Wu)
DESCRIPTION:We study a seller who does not know the distribution of buyers’ values\, but can learn from observing their bids in an auction. Which auction formats provide better information about the value distribution? We show that among a large class of standard auctions (e.g.\, kth-price\, all-pay)\, the first-price auction is (Lehmann) most informative. Thus\, while all these auction formats yield the same expected static revenue\, the first-price auction is preferred by a seller who can use today’s bid observations to optimize revenue tomorrow.
UID:143382-21892969@events.umich.edu
URL:https://events.umich.edu/event/143382
CLASS:PUBLIC
STATUS:CONFIRMED
CATEGORIES:Economics,seminar,Theory
LOCATION:North Quad - 4300
CONTACT:
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BEGIN:VEVENT
DTSTAMP:20260108T132718
DTSTART;TZID=America/Detroit:20260417T143000
DTEND;TZID=America/Detroit:20260417T155000
SUMMARY:Workshop / Seminar:Theory: Mariann Ollár
DESCRIPTION:--
UID:143384-21892974@events.umich.edu
URL:https://events.umich.edu/event/143384
CLASS:PUBLIC
STATUS:CONFIRMED
CATEGORIES:Economics,seminar,Theory
LOCATION:North Quad - 4300
CONTACT:
END:VEVENT
BEGIN:VEVENT
DTSTAMP:20260128T091851
DTSTART;TZID=America/Detroit:20260421T130000
DTEND;TZID=America/Detroit:20260421T142000
SUMMARY:Workshop / Seminar:Digital Ecosystems and Data Regulation
DESCRIPTION:--
UID:143387-21892976@events.umich.edu
URL:https://events.umich.edu/event/143387
CLASS:PUBLIC
STATUS:CONFIRMED
CATEGORIES:Economics,Industrial Organization,seminar,Theory
LOCATION:North Quad - 4300
CONTACT:
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