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Ettinger, David - Université Paris-Dauphine (Paris IX) - 2008

This paper examines how shareholdings affect auctions' revenue and efficiency with independent private values. Two types of shareholdings are analyzed: vertical (resp: horizontal) toeholds cover situations in which bidders own a fraction of the seller's profit (resp: a share of their...

Persistent link: https://www.econbiz.de/10010706883

Optimal concession of water services under common value

Salanié, François; Bontems, Philippe; Aubert, Cécile - Université Paris-Dauphine (Paris IX) - 2006

When an incumbent firm is in charge of a distribution network, it accumulates information on the state of the network. This `common value' information creates a winner's curse during auctions for renewing the concession. The municipality contracting out the provision of the service trades off...

Persistent link: https://www.econbiz.de/10010708683

Honest signalling in trust interactions: smiles rated as genuine induce trust and signal higher earnings opportunities

Centorrino, Samuele; Djemaï, Elodie; Hopfensitz, Astrid; … - Université Paris-Dauphine (Paris IX) - 2015

one dollar and thirty cents to senders in the two trials of the experiment. Potential gains for senders could be …

Persistent link: https://www.econbiz.de/10011115220

Learning the state of nature in repeated games with incomplete information and signals

Renault, Jérôme; Tomala, Tristan - Université Paris-Dauphine (Paris IX) - 2004

The motivation of this paper comes from repeated games with incomplete information and imperfect monitoring. It concerns the existence, for any payoff function, of a particular equilibrium (called completely revealing) allowing each player to learn the state of nature. We consider thus an...

Persistent link: https://www.econbiz.de/10010708402

Communication and Binary Decisions: Is it Better to Communicate?

Verge, Thibaud; Malavolti-Grimal, Estelle; Loss, Frédéric - Université Paris-Dauphine (Paris IX) - 2013

communication games do not yield equilibria which (ex ante) outperform delegation. Referring to multiple experts allow the decision …-maker to obtain more information. However, this information can never be perfect, and sophisticated communication games, for … instance with multilateral, multistage communication, do not outperform simple communication methods. …

Persistent link: https://www.econbiz.de/10011166548

A dynamic Ellsberg urn experiment

Dominiak, Adam; Dürsch, Peter; Lefort, Jean-Philippe - Université Paris-Dauphine (Paris IX) - 2012

concepts, we conduct a dynamic extension of Ellsbergʼs 3-color experiment. We find that more subjects act in line with …

Persistent link: https://www.econbiz.de/10011073068

Corrigendum to “Self-fulfilling mechanisms and rational expectations”

Minelli, Enrico; Forges, Françoise - Université Paris-Dauphine (Paris IX) - 2014

Persistent link: https://www.econbiz.de/10011072528

Adoption and performance of online reverse auctions : motivation, capability and cognition

Vlaar, Paul W. L.; Boukef-Charki, Nabila; Charki, … - Université Paris-Dauphine (Paris IX) - 2009

Persistent link: https://www.econbiz.de/10010861481

Efficiency in auctions with crossholdings

Ettinger, David - Université Paris-Dauphine (Paris IX) - 2003

We study the impact of crossholdings on the efficiency of the standard auction formats. The ascending auction is not equivalent to the second-price auction. In a class of examples, the ascending auction is the only efficient standard auction format.

Persistent link: https://www.econbiz.de/10010861510

Auction sales for racehorses: market, community and practices

Botton, Carole - Université Paris-Dauphine (Paris IX) - 2010

Persistent link: https://www.econbiz.de/10010861605

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