期刊名称：Birkbeck Working Papers in Economics and Finance / School of Economics, Mathematics and Statistics, Birkbeck College
印刷版ISSN：1745-8587
出版年度：2007
卷号：2007
出版社：London University
摘要：I analyze the incentive for costly information collection in a multi-unit commonvalue uniform-price auction in which bidders submit demand functions. I show that so long as there are some bidders who have a very high cost of information collection, even if there are a large number of other bidders who face an arbitrarily small cost of information collection, there are equilibria in which no bidder collects information.
