A Note on Competitive Bidding with Asymmetric Information
重新审视了Wilson（1967）提出的信息不对称下竞争性投标问题，分析了不同行动顺序下的Stackelberg均衡，并通过数值例子计算了卖方和两个买方的相对收益。
This note reexamines a problem of competitive bidding under asymmetrical information about the value of the object which was originally formulated and studied by R. Wilson (Wilson, R. B. 1967. Competitive bidding with asymmetric information. Management Sci. 13 816–820.). We analyze the Stackelberg equilibria of the game under alternative behavioral assumptions about the sequencing of moves. The relative gains of the seller and the two buyers are computed for specific numerical examples.