First-price sealed-bid auctions yield higher revenue than second-price auctions under certain conditions
the verdict
SUPPORTED
the evidence backs this
confidence 75/100
Economic theory and auction literature support that under specific conditions, such as bidder risk aversion, first-price sealed-bid auctions can yield higher expected revenues than second-price auctions.
Evidence for · 2
Wikipedia: Auction theory
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Reference article covering this claim directly
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More for · 1
link.springer.com: Revenue comparison of discrete private-value auctions via weak dominance | Review of Economic Design | Springer Nature Link
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Discusses expected revenue comparisons between first-price and second-price auctions under specific conditions.