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Should the government procure equipment for its agencies or let them run their own procurment auctions? Suppose the …
Persistent link: https://www.econbiz.de/10005675254
Should the government procure equipment for its agencies or let them run their own procurement auctions? Suppose the …
Persistent link: https://www.econbiz.de/10005675264
In procurement auctions with a fixed number of bidders there is a tradeoff between cost efficiency and rent extraction …
Persistent link: https://www.econbiz.de/10005675271
Consider an auction in which potential bidders must sink an entry investment before learning their values. Suppose the auction designer can make the bidders learn their value before entry. Such early information will induce screening of high-value bidders, and it will give rise to information...
Persistent link: https://www.econbiz.de/10005647152
Often, we observe that some TV channels are distributed on several platforms, and by several distributors on the same platform, while others are distributed exclusively by one distributor. In this paper, we analyse a TV channelel's incentives for choosing exclusive distribution versus full...
Persistent link: https://www.econbiz.de/10008876374