Bulow, Jeremy (contributor); Klemperer, Paul (contributor) - 2007
compare the two most common bidding processes for selling a company or other
asset when participation is costly to buyers. In … an auction all entry decisions are made
prior to any bidding. In a sequential bidding process earlier entrants can make … & Acquisitions; L13 - Oligopoly & Imperfect
Markets.
Keywords: Auctions, jump bidding, sequential sales, procurement, entry
This …