嘉    宾： Mira Frick，Professor，Princeton University

主持人： 闵炜程 助理教授 上海交通大学安泰经济与管理学院

时    间：2025年10月15日（周三）14:00-15:00

地    点:  上海交通大学徐汇校区安泰经济与管理学院B207

内容简介：

We study a seller who does not know the distribution of buyers’ values, but can learn from observing their bids in an auction. Which auction formats provide better information about the value distribution? We show that among a large class of standard auctions (e.g., kth-price, all-pay), the first-price auction is (Lehmann) most informative. Thus, while all these auction formats yield the same expected static revenue, the first-price auction is preferred by a seller who can use today’s bid observations to optimize revenue tomorrow.

演讲人简介：

Mira Frick is a Professor of Economics at Princeton University. Her research is in microeconomic theory (in particular, learning, decision theory, and bounded rationality). She received a Ph.D. from Harvard University in 2015. Prior to joining Princeton, she was a Cowles postdoctoral fellow, assistant professor, and associate professor at Yale University.