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In this work, I look at two competitive auction settings where a profit maximizing seller chooses auctions as a vehicle to sell to strategic bidders. In both essays, the auctioneers problem is the selection of the optimal auction format. In the first essay, the auctioneer has a single item to...
Persistent link: https://www.econbiz.de/10009458895
Given that information technology (IT) security has emerged as animportant issue in the last few years, the subject of securityinformation sharing among firms, as a tool to minimize securitybreaches, has gained the interest of practitioners and academics. Topromote the disclosure and sharing of...
Persistent link: https://www.econbiz.de/10009435029
This story describes the circumstances that led to all five of us starting as editors at the same time, the unexpected things we have found, the unanticipated reactions we have encountered, how we worked as an editorial team, the central role of the editorial office manager, how we managed to...
Persistent link: https://www.econbiz.de/10010278873
This story describes the circumstances that led to all five of us starting as editors at the same time, the unexpected things we have found, the unanticipated reactions we have encountered, how we worked as an editorial team, the central role of the editorial office manager, how we managed to...
Persistent link: https://www.econbiz.de/10010280668
Both theoretical and empirical evidence suggest that, in markets with standards competition, strong network effects can make the strong grow stronger and even "tip" the market towards a single, winner-take-all standard. We theorize that the presence of conversion technologies will reduce the...
Persistent link: https://www.econbiz.de/10009428802
Tunneling behavior, which is defined as the transfer of assets and profits out of a firm for the benefit of the firms controlling shareholders, has become the focus of increasing attention in the theoretical and empirical literature. There are some corporate governance procedures, however, that...
Persistent link: https://www.econbiz.de/10009428815
Product bundling is a business strategy that packages (either physically or logically), prices and sells groups of two or more distinct products or services as a single economic entity. This practice exploits variations in the reservation prices and the valuations of a bundle vis-à-vis its...
Persistent link: https://www.econbiz.de/10009428831
Informational assumptions are an important aspect of the study of auctions in economictheory. However, there has been limited research into how the assumptions made by theoristsimpact their results. I explore two different aspects of the information available to biddersin auctions. The...
Persistent link: https://www.econbiz.de/10009428855
Adaptive learning is important in dynamic models since it is a process that shows the improvement in the understanding of the agents of the model. Whenever there is a dynamic environment, there is a room for improvement through learning. In this thesis I analyze the adaptive learning of the...
Persistent link: https://www.econbiz.de/10009428874
In the first chapter, ¡°All-Pay Auctions with Resale¡±, I study equilibria of first- and second-price all-pay auctions with resale when players' signals are affiliated and symmetrically distributed. I show that existence of resale possibilities introduces an endogenous element to players'...
Persistent link: https://www.econbiz.de/10009428875