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Rounding of Arrival and Departure Times in Travel Surveys: An Interpretation in Terms of Scheduled Activities
Rietveld, Piet - Tinbergen Institute - 2001
In travel surveys most respondents apply rounding of departure and arrival times to multiples of 5, 15 and 30 minutes: in the annual Dutch travel survey about 85-95 percent of all reported times are 'round' ones. We estimate rounding models for departure and arrival times. The model allows one...
Persistent link: https://www.econbiz.de/10005504920
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Travel Time Variability and Airport Accessibility
Koster, Paul; Kroes, Eric; Verhoef, Erik T. - Tinbergen Institute - 2010
time cost, scheduling cost and the cost of missing a flight. In this model, the value of reliability for air travelers is …
Persistent link: https://www.econbiz.de/10008838531
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Do Auctions select Efficient Firms?
Janssen, Maarten C.W.; Karamychev, Vladimir A. - Tinbergen Institute - 2007
conditions under which auctions may select inefficient firms and therefore lead to an inefficient allocation of resources …
Persistent link: https://www.econbiz.de/10005144557
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Contests with Rank-Order Spillovers
Baye, Michael R.; Kovenock, Dan; Vries, Casper G. de - Tinbergen Institute - 2009
class of games, and show how it can be used to directly solve for equilibrium behavior in auctions, pricing games …
Persistent link: https://www.econbiz.de/10004964456
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Auctions with Flexible Entry Fees
Janssen, Maarten; Karamychev, Vladimir A.; Maasland, Emiel - Tinbergen Institute - 2009
There is by now a large literature arguing that auctions with a variety of after-market interactions may not yield an … auctioneer. We show that auctions with flexible entry fees have a fully revealing equilibrium where bidders signal their type …
Persistent link: https://www.econbiz.de/10008513243
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Going Once, Going Twice, Reported! Cartel Activity And The Effectiveness Of Leniency Programs in Experimental Auctions
Hinloopen, Jeroen; Onderstal, Sander - Tinbergen Institute - 2009
We experimentally examine the effectiveness of a leniency program against bidding rings in two commonly used auctions …
Persistent link: https://www.econbiz.de/10008531423
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The Unique-lowest Sealed-bid Auction
Houba, Harold; Laan, Dinard van der; Veldhuizen, Dirk - Tinbergen Institute - 2008
Unique-lowest sealed-bid auctions are auctions in which participation is endogenous and the winning bid is the lowest … bid among all unique bids. Such auctions admit very many Nash equilibria (NEs) in pure and mixed strategies. The two …
Persistent link: https://www.econbiz.de/10005136936
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Auctions with Numerous Bidders
Caserta, Silvia; Vries, Casper G. de - Tinbergen Institute - 2005
We study auctions in which the number of potential bidders is large, such as in Internet auctions. With numerous … Internet auctions. …
Persistent link: https://www.econbiz.de/10005136954
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Auctions, Market Prices and the Risk Attitude Effect
Janssen, Maarten C.W.; Karamychev, Vladimir A. - Tinbergen Institute - 2005
lottery ticket. li one license is auctioned, auctions select the firm that is least risk averse. This is what we call the risk …
Persistent link: https://www.econbiz.de/10005137048
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Do Auctions and Forced Divestitures increase Competition?
Soetevent, Adriaan R.; Haan, Marco A.; Heijnen, Pim - Tinbergen Institute - 2008
divestitures. The Dutch government has done exactly that, organizing auctions to redistribute tenancy rights for high- way gasoline …
Persistent link: https://www.econbiz.de/10005137121