Economics and Finance

   

Confirmation of the Vickrey Auction Theorem Copyright © 2018 by Colin James III All Rights Reserved.

Authors: Colin James III

When the third state of negative payoff is included (ignored by the wiki rendition of the theorem), the equation as rendered is tautologous. This means the Vickrey auction theorem is confirmed.

Comments: 3 Pages. Copyright © 2018 by Colin James III All rights reserved. Note that comments on Disqus are not forwarded or read, so respond to author's email address: info@cec-services dot com.

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[v1] 2018-06-30 16:44:51

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