technique that leads to a reduction in cost. Following the auction in the second stage of the game these firms compete against … technique is a private information to the concerned firm. In the model, the auctioneer is the government. Before the auction …, the government announces whether she will reveal the bids after the auction, which is her choice variable. This paper …

In 1863, a one-term senator introduced a trademark bill to the California legislature that the Daily Alta California at … and business usually credit manufacturing interests and states for pioneering trademark law, and in 1863 California was … questions why California and why then? …

cycle has also been assessed in the timing of major earthquakes in California - Nevada - Baja California. These important …

The paper compares different auction formats for sale of a single patented innovation for budget constrained bidders … auction price and also to develop the new technology, the winner has incentives to pay a low amount for his unit to increase … equilibria for all studied auction mechanisms. These equilibria produce di¤erent consumer surplus and, thus, a central government …

. Enterprises embarking on a reverse auction initiative often start with their commodity purchases. We conduct laboratory … sealed bid auction and has the same symmetric Nash equilibrium. However, the request for quote allows identification of … strategies in the sell auction counterpart. Consequently we estimate that one-fourth of the subjects follow a simple mark-up rule …

A bidder may increase his bid over the course of an auction when (1) he becomes more certain about his private … return to the auction to submit a bid in a later period. …