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The first part of the paper reports the results from a sequence of laboratory experiments comparing the bidding behavior for multiple contracts in three different sealed bid auction mechanisms; first-price simultaneous, first-price sequential and first-price combinatorial bidding. The design of...
Persistent link: https://www.econbiz.de/10011325058
The first part of the paper reports the results from a sequence of laboratory experiments comparing the bidding behavior for multiple contracts in three different sealed bid auction mechanisms; first-price simultaneous, first-price sequential and first-price combinatorial bidding. The design of...
Persistent link: https://www.econbiz.de/10011591112
The first part of the paper reports the results from a sequence of laboratory experiments comparing the bidding behavior for multiple contracts in three different sealed bid auction mechanisms; first-price simultaneous, first-price sequential and first-price combinatorial bidding. The design of...
Persistent link: https://www.econbiz.de/10014087413
Within the framework of the common value model, we examine the magnitude of the difference in expected outcome between first-price and second-price sealed bid auctions. The study is limited to two empirical specifications of bidders signals: Weibull and normal distribution. The optimal bid...
Persistent link: https://www.econbiz.de/10011588138
This paper considers the choice between different approaches to contract for the construction and maintenance of infrastructure projects. The need to control for user costs over the life cycle of an asset is demonstrated to be a core aspect of contract design. The more likely it is that a...
Persistent link: https://www.econbiz.de/10013168417
Within the framework of the common value model, we examine the magnitude of the difference in expected outcome between first-price and second-price sealed bid auctions. The study is limited to two empirical specifications of bidders' signals: Weibull and normal distribution. The optimal bid...
Persistent link: https://www.econbiz.de/10010321779
Arbetstagarorganisationernas förväntningar på lönetillväxten ligger systematiskt högre än arbetsgivarorganisationernas i den så kallade Prospera-enkäten. I denna artikel analyseras dessa skillnader ekonometriskt. Genom att beakta respondenternas förväntningar rörande inflation och...
Persistent link: https://www.econbiz.de/10013331914
The tournament rules for long jump competitions have changed in recent years. Today, only the three athletes with the best jumps from the five initial attempts are qualified to make an additional sixth jump - a format called The Final Three. In the first implemented version of The Final Three,...
Persistent link: https://www.econbiz.de/10013331919
The Green Corridor (GC) initiative, pursued by the Swedish government and the European Commission, is intended to be a platform for innovation for long-distance freight transport aiming for more green and efficient solutions by enhanced use of economies of scale and development of new...
Persistent link: https://www.econbiz.de/10012654390
In this study we analyse data from world cup cross-country skiing sprint elimination tournaments for men and women in 2015-2020. Instead of being assigned a quarterfinal according to a seeding scheme, prequalified athletes choose themselves in sequential order in which of five quarterfinals to...
Persistent link: https://www.econbiz.de/10012654460