CDIPV拍卖模型的最优保留价和最优佣金率

The optimal reserve price and optimal commission rate of a CDIPV auction model

本文把保留价和佣金率引入CDIPV拍卖模型中,研究了带有保留价和佣金率的CDIPV拍卖模型。从投标者的投标策略入手,重点讨论了卖者和拍卖行的期望收益,并且证明了一级价格密封式拍卖和二级价格密封式拍卖中最优保留价和最优佣金率的存在性,极大地完善了带有保留价和佣金率的CDIPV拍卖模型的结果。

This paper studies a CDIPV auction model with both reserve price and commission rate. After the discussion of the bidding strategy,this paper puts emphasis on discussing the expected revenue of both the seller and the auction house,and then obtains the optimal reserve price and the optimal commission rate in both first price and second price sealed-bid auction models. All these results greatly improve the CDIPV auction model in terms of both reserve price and commission rate.