Optimal auctions and information disclosure

Alex Gershkov*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

12 Scopus citations


We characterise properties of optimal auctions if the seller may disclose information about the quality of the object for sale. We show that the seller maximizes his expected revenue by revelation of all information to all bidders and implementing a second price auction with appropriate reservation price.

Original languageAmerican English
Pages (from-to)335-344
Number of pages10
JournalReview of Economic Design
Issue number4
StatePublished - Nov 2009
Externally publishedYes


  • Information structures
  • Optimal auctions


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