Competition among asymmetric sellers with fixed supply

  title={Competition among asymmetric sellers with fixed supply},
  author={Uriel Feige and Ron Lavi and Moshe Tennenholtz},
Motivated by the market for display advertisement over the Internet, we study competition between firms with a fixed supply whose size cannot be changed, and analyze the resulting revenue. We are most interested in studying the asymmetric case in which one large seller dominates the market and competes against a small new entrant seller. We present a model in which sellers announce selling policies, and given these policies buyers distribute their budget in a strategic fashion among sellers so… CONTINUE READING