{"id":"https://openalex.org/W2942711255","doi":"https://doi.org/10.1007/s00224-021-10059-4","title":"The Declining Price Anomaly Is Not Universal in Multi-Buyer Sequential Auctions (but almost is)","display_name":"The Declining Price Anomaly Is Not Universal in Multi-Buyer Sequential Auctions (but almost is)","publication_year":2022,"publication_date":"2022-05-21","ids":{"openalex":"https://openalex.org/W2942711255","doi":"https://doi.org/10.1007/s00224-021-10059-4","mag":"2942711255"},"language":"en","primary_location":{"id":"doi:10.1007/s00224-021-10059-4","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s00224-021-10059-4","pdf_url":null,"source":{"id":"https://openalex.org/S4210177266","display_name":"Theory of Computing Systems","issn_l":"1432-4350","issn":["1432-4350","1433-0490"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Theory of Computing Systems","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5050662167","display_name":"Vishnu V. Narayan","orcid":"https://orcid.org/0009-0000-8844-9969"},"institutions":[{"id":"https://openalex.org/I5023651","display_name":"McGill University","ror":"https://ror.org/01pxwe438","country_code":"CA","type":"education","lineage":["https://openalex.org/I5023651"]}],"countries":["CA"],"is_corresponding":true,"raw_author_name":"Vishnu V. Narayan","raw_affiliation_strings":["McGill University, Montreal, Canada"],"affiliations":[{"raw_affiliation_string":"McGill University, Montreal, Canada","institution_ids":["https://openalex.org/I5023651"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5061916294","display_name":"Enguerrand Prebet","orcid":"https://orcid.org/0009-0008-0160-5219"},"institutions":[{"id":"https://openalex.org/I113428412","display_name":"\u00c9cole Normale Sup\u00e9rieure de Lyon","ror":"https://ror.org/04zmssz18","country_code":"FR","type":"education","lineage":["https://openalex.org/I113428412","https://openalex.org/I203339264"]}],"countries":["FR"],"is_corresponding":false,"raw_author_name":"Enguerrand Prebet","raw_affiliation_strings":["\u00c9cole normale sup\u00e9rieure de Lyon, Lyon, France"],"affiliations":[{"raw_affiliation_string":"\u00c9cole normale sup\u00e9rieure de Lyon, Lyon, France","institution_ids":["https://openalex.org/I113428412"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5027727214","display_name":"Adrian Vetta","orcid":"https://orcid.org/0000-0002-2213-4937"},"institutions":[{"id":"https://openalex.org/I5023651","display_name":"McGill University","ror":"https://ror.org/01pxwe438","country_code":"CA","type":"education","lineage":["https://openalex.org/I5023651"]}],"countries":["CA"],"is_corresponding":false,"raw_author_name":"Adrian Vetta","raw_affiliation_strings":["McGill University, Montreal, Canada"],"affiliations":[{"raw_affiliation_string":"McGill University, Montreal, Canada","institution_ids":["https://openalex.org/I5023651"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5050662167"],"corresponding_institution_ids":["https://openalex.org/I5023651"],"apc_list":{"value":2290,"currency":"EUR","value_usd":2890},"apc_paid":null,"fwci":0.3384,"has_fulltext":false,"cited_by_count":7,"citation_normalized_percentile":{"value":0.59355422,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":96},"biblio":{"volume":"66","issue":"3","first_page":"546","last_page":"580"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9998000264167786,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9998000264167786,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9973000288009644,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.9972000122070312,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/common-value-auction","display_name":"Common value auction","score":0.8021055459976196},{"id":"https://openalex.org/keywords/monotonic-function","display_name":"Monotonic function","score":0.6538199186325073},{"id":"https://openalex.org/keywords/anomaly","display_name":"Anomaly (physics)","score":0.6504522562026978},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.5390850901603699},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.5259438157081604},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.4026113748550415},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.36922359466552734},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.3331001400947571},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.32300084829330444}],"concepts":[{"id":"https://openalex.org/C163239763","wikidata":"https://www.wikidata.org/wiki/Q5153637","display_name":"Common value auction","level":2,"score":0.8021055459976196},{"id":"https://openalex.org/C72169020","wikidata":"https://www.wikidata.org/wiki/Q194404","display_name":"Monotonic function","level":2,"score":0.6538199186325073},{"id":"https://openalex.org/C12997251","wikidata":"https://www.wikidata.org/wiki/Q567560","display_name":"Anomaly (physics)","level":2,"score":0.6504522562026978},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5390850901603699},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.5259438157081604},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4026113748550415},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.36922359466552734},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.3331001400947571},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.32300084829330444},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C26873012","wikidata":"https://www.wikidata.org/wiki/Q214781","display_name":"Condensed matter physics","level":1,"score":0.0},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1007/s00224-021-10059-4","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s00224-021-10059-4","pdf_url":null,"source":{"id":"https://openalex.org/S4210177266","display_name":"Theory of Computing Systems","issn_l":"1432-4350","issn":["1432-4350","1433-0490"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Theory of Computing Systems","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":34,"referenced_works":["https://openalex.org/W18590542","https://openalex.org/W621749186","https://openalex.org/W1483427383","https://openalex.org/W1513281941","https://openalex.org/W1519985338","https://openalex.org/W1521629545","https://openalex.org/W1698843935","https://openalex.org/W1975109661","https://openalex.org/W1977912000","https://openalex.org/W1978854104","https://openalex.org/W1980712157","https://openalex.org/W2011066945","https://openalex.org/W2029950802","https://openalex.org/W2031850938","https://openalex.org/W2060957005","https://openalex.org/W2069434120","https://openalex.org/W2080319269","https://openalex.org/W2091462805","https://openalex.org/W2092372882","https://openalex.org/W2093058353","https://openalex.org/W2095595785","https://openalex.org/W2100699586","https://openalex.org/W2120054431","https://openalex.org/W2131727662","https://openalex.org/W2138023935","https://openalex.org/W2153650954","https://openalex.org/W2258371160","https://openalex.org/W2274147277","https://openalex.org/W2750156480","https://openalex.org/W2798801327","https://openalex.org/W2949148604","https://openalex.org/W3021275433","https://openalex.org/W3117767815","https://openalex.org/W4405364071"],"related_works":["https://openalex.org/W3121315611","https://openalex.org/W2094128433","https://openalex.org/W1526980154","https://openalex.org/W3122007008","https://openalex.org/W2144839313","https://openalex.org/W2110981230","https://openalex.org/W3143666551","https://openalex.org/W2539865362","https://openalex.org/W2752626891","https://openalex.org/W1973197197"],"abstract_inverted_index":null,"counts_by_year":[{"year":2023,"cited_by_count":2},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}