Preferences Over Valuation Distributions in Auctions

Hennessy, David A.

Economics Letters Vol. 68 (July 2000): 55-59.

Sellers auctioning items use advertisements and location to generate interest. They seek a rightward shift in the ex-ante distribution of bidder valuations. We characterize distribution pairs such that all more-is-better expected utility maximizing sellers in preference-revealing auctions prefer the same distribution.

Published Version