Showing 1 - 10 of 26
competitive market structure than other UMTS auctions in Europe. The present paper explains the design of that auction, and … was predominantly employed in Europe. -- auctions ; telecommunications ; industrial organization ; game theory …
Persistent link: https://www.econbiz.de/10009615427
introduced in England and adopted in Switzerland and elsewhere is a cause of the disappointing performance of many UMTS auctions … revenue or more competition. The paper closes with several proposals on how one should conduct future spectrum auctions …. -- spectrum auctions ; telecommunications ; industrial organization …
Persistent link: https://www.econbiz.de/10009614291
, yet is less susceptible to preemptive bidding and collusion. -- Auctions …
Persistent link: https://www.econbiz.de/10009578005
the converse is not generally true. Moreover, first- and second-price auctions are not always revenue equivalent. Indeed … diseconomies. -- auctions ; procurements ; sequential auctions ; economies of scale …
Persistent link: https://www.econbiz.de/10009578006
Similar to Levati and Neugebauer (2001), a clock is used by which participants can vary their individual contributions for voluntarily providing a public good. As time goes by, participants either in(de)crease their contribution gradually or keep it constant. Groups of two poorly and two richly...
Persistent link: https://www.econbiz.de/10009620765
This paper studies data from the wholesale fruit and vegetables market in Marseille. The special feature of the data is that we have details of counteroffers to the prices that were proposed by the seller even when no transaction took place. Each offer, counteroffer and refusal conveys...
Persistent link: https://www.econbiz.de/10009624846
the two auctions are the same. When the entry prices of the two auctions differ, many subjects can be shown to be willing … expectations about the risk preferences of their opponents. -- bidder preferences ; private values ; sealed bid auctions … ; ascending auctions …
Persistent link: https://www.econbiz.de/10009627275
behavior. -- experiments ; sealed-bid private-value auctions …
Persistent link: https://www.econbiz.de/10009615428
Weekly repo auctions are the European Central Bank's most important policy instrument. Provided that banks bid … seriously, these auctions should reveal useful information about banks' liquidity needs and the stance of monetary policy … ; auctions ; European Central Bank …
Persistent link: https://www.econbiz.de/10009581093
We examine learning behavior in auctions and Fair division games with independent private values under two different … adjustments. The evidence supports a cognitive approach to learning. -- Learning ; Auctions ; Fair Division Games …
Persistent link: https://www.econbiz.de/10009581102