Demand reduction in multi-unit auctions with varying number of bidders and units

F Akaichi, RM Nayga Jr., JM Gil

Research output: Contribution to journalArticlepeer-review

3 Citations (Scopus)
8 Downloads (Pure)


We examine the effect of varying the number of bidders and units on bid values in multi-unit auctions. Our results suggest that the uniform-price auction is sensitive to demand reduction, however, increasing the number of bidders or/and units can significantly decrease it. © 2014 Elsevier B.V. All rights reserved.
Original languageEnglish
Pages (from-to)443 - 445
Number of pages3
JournalEconomics Letters
Issue number3
Publication statusPrint publication - 12 Jul 2014


  • Bidder's number
  • Demand reduction
  • Multi-unit auctions
  • Units' number

Cite this