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Author

Giacomo Rostagno

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Preprint Sep 2026

Sequential Pricing Mechanisms for Surplus Division

Extending the Price-and-Choose (P&C) mechanism of Echenique and Nunez (2025), we propose the Price-Accept-and-Choose (PA&C) mechanism, which preserves efficiency while eliminating P&C's first-mover advantage. We then analyze randomized and bidding variants and show that the resulting equilibrium payoffs correspond to s...

Yukihiko Funaki, Yukio Koriyama, Matías Núñez et al. · 0 citations

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