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Prüfer, Jens - Tilburg University, Center for Economic Research - 2009

The process of innovation is driven by two main factors: new inventions and institutions supporting the transformation of inventions into marketable innovations. This paper proposes a new institution, called a semi- public contest, that has been neglected by the economic literature but exists...

Persistent link: https://www.econbiz.de/10011092791

Competitive Procurement and Asset Specificity

Sorana, V. - Tilburg University, Center for Economic Research - 2003

This paper studies the effects of asset specificity on the performance of procurement auctions with subcontracting and …

Persistent link: https://www.econbiz.de/10011092890

Sealed-Bid Auctions : Case Study

Kleijnen, Jack P.C.; van Schaik, F.D.J. - Tilburg University, Center for Economic Research - 2001

Auctions are an important link in supply chains.This paper presents an empirical investigation of a single …

Persistent link: https://www.econbiz.de/10011092927

How to Organize Sequential Auctions : Results of a Natural Experiment by Christie's

van Ours, Jan; Ginsburgh, V. - Tilburg University, Center for Economic Research - 2003

In empirical studies of sequential auctions of identical objects prices have been found to decline.We study auctions of … ancient Chinese porcelain recovered from shipwrecks.In these auctions there are very long sequences of lots of identical …

Persistent link: https://www.econbiz.de/10011090425

Equivalence of Auctions and Posted Prices

Kultti, K.K. - Tilburg University, Center for Economic Research - 1997

We determine the equilibrium in two transaction mechanisms: auctions and posted prices. Agents choose whether to … participate in markets where trades are consummated by auctions or in markets where sellers post prices. We show that the selling …

Persistent link: https://www.econbiz.de/10011090508

Rubinstein auctions : On competition for bargaining partners

Chatterjee, K.; Dutta, B. - Tilburg University, Center for Economic Research - 1994

Persistent link: https://www.econbiz.de/10011090521

Tree-connected Peer Group Situations and Peer Group Games

Brânzei, R.; Fragnelli, V.; Tijs, S.H. - Tilburg University, Center for Economic Research - 2000

groups. Different economic situations like auctions, communication situations, sequencing situations and flow situations are …

Persistent link: https://www.econbiz.de/10011090722

Static vs Dynamic Auctions with Ambiguity Averse Bidders

Carvalho, M. - Tilburg University, Center for Economic Research - 2012

values is uncertain and bidders exhibit ambiguity aversion. In contrast to sealed-bid auctions, in open auctions the bidders … this is not the case for continuous price descending auctions. This is new among a few theoretical cases where ambiguity …

Persistent link: https://www.econbiz.de/10011090949

Socially Optimal Mechanisms

Onderstal, A.M. - Tilburg University, Center for Economic Research - 2002

Persistent link: https://www.econbiz.de/10011091049

Auctions with Financial Externalities

Maasland, E.; Onderstal, A.M. - Tilburg University, Center for Economic Research - 2002

We study sealed-bid auctions with financial externalities, i.e., auctions in which losers' utilities depend on how much …

Persistent link: https://www.econbiz.de/10011091066