A model is presented of a uniform price auction where bidders compete in demand schedules; the model allows for common …

-differentiated, price-setting game in the second stage. Since costs are endogenized through the first stage, this has important implications …

stage, with a price-setting market game to follow in the second stage. Using data for eight European airlines from 1976 …–94, we provide evidence on price-cost margins and the measurement of market power in a model of rent sharing. In particular …

uniform-price multi-unit auction model with complete information. We find that forward contracts are pro-competitive when …

In uniform auctions, buyers choose demand schedules as strategies and pay the same ‘market clearing’ price for units … underpricing can be made arbitrarily small by choosing a sufficiently small price tick size and a sufficiently large quantity …

We study uniform price auctions using a dataset that includes individual bidders' demand schedules in Finnish Treasury …

This paper empirically tests the effects of Anti-Dumping (AD) protection on the price-cost margin of firms. To this end … indicate that price-cost margins in most cases significantly increase in the period of protection compared to a period before … protection. In industries where competition is very tough before protection, we fail to find an increase in price-cost margins …