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| Srobonti Chattopadhyay and Rittwik Chatterjee |
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| ''Revenue Equivalence in Sequential Auctions'' |
| ( 2012, Vol. 32 No.2 ) |
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| The revenue equivalence theorem is an widely known result in Auction Theory. This note generalize that theorem for the case of Sequential Auctions. Our results show that under a class of Sequential Auction, if an symmetric and increasing equilibrium bidding strategy exists, then the revenue equivalence still holds for that class of Sequential Auctions. |
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| Keywords: Sequential Auction, Revenue Equivalence |
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| Manuscript Received : Jul 14 2011 | | Manuscript Accepted : Apr 24 2012 |
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