Showing 1 - 10 of 28
This paper considers procurement auctions with costly bidding when the auctioneer is unable to commit himself to …
Persistent link: https://www.econbiz.de/10010556728
We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to those who lose the auction. Firms’ bids are dual signals of their cost reductions: the winning bid signals the own cost reduction to rival oligopolists, whereas the losing...
Persistent link: https://www.econbiz.de/10008501954
of combining auctions and royalty contracts for losers. …
Persistent link: https://www.econbiz.de/10008501956
profitable than standard license auctions, auctioning royalty contracts, fixed–fee licensing, pure royalty licensing, and two …
Persistent link: https://www.econbiz.de/10005739670
auctions with an efficient reserve price but charge an entry fee. The entry fee depends on the number of buyers and sellers …
Persistent link: https://www.econbiz.de/10005835726
from a sequence of eBay auctions. First the aspect of bidding in a marketplace environment is developed. Form the simple … a "reservation bid" for low-price auctions. Extending results from the empirical auction literature and employing a …
Persistent link: https://www.econbiz.de/10005121206
This paper analyzes the secret reservation price in eBay auctions. Under the assumptions of secret and public …
Persistent link: https://www.econbiz.de/10009372532
In many auctions, the auctioneer is an agent of the seller. This invites corruption. We propose a model of corruption … profitable. We characterize equilibrium bidding in first- and second-price auctions, show how corruption distorts the allocation …
Persistent link: https://www.econbiz.de/10005785839
information, rather than the effect of revealing or concealing its existence. An institutional feature of the auctions for …
Persistent link: https://www.econbiz.de/10009395494
Private participation in the construction and operation of road infrastructure ia a way to deal with tight budget …
Persistent link: https://www.econbiz.de/10005786902