Auctions with endogenous opting-out fees and recursive winning procedures from the Talmud

Keyphrases

• Talmud 100%
• Opt-out 100%
• Article Analysis 50%
• Cool-down 50%
• Equilibrium Bidding Strategy 50%
• Uncertain Value 50%
• Sealed-bid Auction 50%
• Shill Bidding 50%
• Expected Profit 50%
• First-price Sealed-bid Auction 50%

Economics, Econometrics and Finance

• Auction 100%
• Expected Revenue 16%