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This is an Invited paper for the World Congress of the Econometric Society held in Seattle in August 2000. We discuss the strong connections between auction theory and "standard" economic theory, and argue that auction-theoretic tools and intuitions can provide useful arguments and insights in a...
Persistent link: https://www.econbiz.de/10005135125
This paper questions the widely held view that B2C eCommerce markets are characterised by a high intensity of competition, using a mixture of theoretical arguments and empirical evidence. We discuss two hypothesis and survey empirical studies which test them. We argue that the goods sold in B2C...
Persistent link: https://www.econbiz.de/10005076898
and services via Internet. The remote banking becomes one of the main channels for bank services distribution. This paper … services available via Internet; online application forms; online banking application; other online/remote services. In spite … of the small number of Bulgarian banks, which offer their products and services via Internet, the research shows that …
Persistent link: https://www.econbiz.de/10005076976
services via Internet. The remote banking become one of the main channels for bank services distribution. The Internet … expansion of the Bulgarian banks is at its beginning. The showed results are based on the Internet research, which has aimed to … describe actual picture of Bulgarian banks present in Internet. …
Persistent link: https://www.econbiz.de/10005077027
services via Internet. The remote banking become one of the main channels for bank services distribution. The Internet … expansion of the Bulgarian banks is at its beginning. The showed results are based on the Internet research, which has aimed to … describe actual picture of Bulgarian banks present in Internet. …
Persistent link: https://www.econbiz.de/10005561755
become the norm. Apart from posted prices, the internet has extended the use of auctions, even to relatively low-value goods …
Persistent link: https://www.econbiz.de/10005134996
The Internet exhibits forms of interactions which are not captured by existing models in economics, artificial …
Persistent link: https://www.econbiz.de/10005407533
for each user, regardless of other players' actions. Using a prototype implementation of the auction game on the Internet …
Persistent link: https://www.econbiz.de/10005407539
We study the formation of coalitions that provide public goods to members. Individuals are linked on a tree graph and those with similar preferences are connected on the tree. We present a solution that selects allocations belonging to the coalition structure core and that are also envy-free.
Persistent link: https://www.econbiz.de/10005407611
This paper, forthcoming in Journal of Economic Surveys, provides an elementary, non-technical, survey of auction theory, by introducing and describing some of the critical papers in the subject. (The most important of these are reproduced in a companion book, The Economic Theory of Auctions,...
Persistent link: https://www.econbiz.de/10005413297