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The effects of spectrum allocation mechanisms on market outcomes : auctions vs beauty contests
Kuroda, Toshifumi; Baquero Forero, Maria del Pilar - In: Telecommunications policy : the international journal … 41 (2017) 5/6, pp. 341-354
Persistent link: https://www.econbiz.de/10011876985
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Designing Auctions in R&D: Optimal Licensing of an Innovation
Brocas, Isabelle - In: Topics in Economic Analysis & Policy 6 (2006) 1
innovation is obtained, auctions licenses to a pool of producers. Each producer has a private valuation for the license and … licenses and the level of research effort implemented by the innovator in two scenarios: free licensing by the innovator vs … of inefficiencies: an excessively high price for licenses and a suboptimal dissemination of knowledge, and an excessively …
Persistent link: https://www.econbiz.de/10014587578
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Designing Auctions in R&D: Optimal Licensing of an Innovation
Brocas, Isabelle - In: Topics in Economic Analysis & Policy 6 (2006) 1, pp. 1533-1533
obtained, auctions licenses to a pool of producers. Each producer has a private valuation for the license and suffers a … negative externality when a competitor becomes a licensee. We compare the optimal rule for the allocation of licenses and the … inefficiencies: an excessively high price for licenses and a suboptimal dissemination of knowledge, and an excessively low research …
Persistent link: https://www.econbiz.de/10005751302
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Limited liability and high bids in English auctions
Wang, T'ao; Wang, Ruqu - In: The B.E. journal of theoretical economics 18 (2018) 2, pp. 1-12
Persistent link: https://www.econbiz.de/10011898289
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Auctions with limited liability through default or resale
Pagnozzi, Marco; Saral, Krista Jabs - In: Journal of economic behavior & organization : JEBO 159 (2019), pp. 51-74
Persistent link: https://www.econbiz.de/10012138710
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On the synergy between disclosure and investment beauty contests
Arya, Anil; Mittendorf, Brian - In: Journal of accounting & economics 61 (2016) 2/3, pp. 255-273
Persistent link: https://www.econbiz.de/10011498023
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Clarity trumps content : an experiment on information acquisition in beauty contests
Banerjee, Sanjay; Qu, Hong; Zhao, Ran - In: Journal of economic behavior & organization : JEBO 195 (2022), pp. 381-407
Persistent link: https://www.econbiz.de/10013193637
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Incomplete information in macroeconomics : accommodating frictions in coordination
Angeletos, Marios; Lian, Chen - 2016
This chapter studies how incomplete information helps accommodate frictions in coordination, leading to novel insights on the joint determination of expectations and macroeconomic outcomes. We review and synthesize recent work on global games, beauty contests, and their applications. We...
Persistent link: https://www.econbiz.de/10011573121
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Sentiments, financial markets, and macroeconomic fluctuations
Benhabib, Jess; Liu, Xuewen; Wang, Pengfei - In: Journal of financial economics 120 (2016) 2, pp. 420-443
Persistent link: https://www.econbiz.de/10011590098
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Chapter 14. Incomplete Information in Macroeconomics : Accommodating Frictions in Coordination
Angeletos, G.-M.; Lian, C. - In: Handbook of macroeconomics : volume 2, v. 2A-2B SET, (pp. 1065-1240). 2016
This chapter studies how incomplete information helps accommodate frictions in coordination, leading to novel insights on the joint determination of expectations and macroeconomic outcomes. We review and synthesize recent work on global games, beauty contests, and their applications. We...
Persistent link: https://www.econbiz.de/10014024269