Economics and Finance

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[1] viXra:1806.0462 [pdf] submitted on 2018-06-30 16:44:51

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

Authors: Colin James III
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.

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.
Category: Economics and Finance