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Giebe, Thomas - 2013

ratio offered is selected as the winner of the auction. We model the decision process as based on a general noisy ranking of …

Persistent link: https://www.econbiz.de/10013078958

Security Bid Auctions for Agency Contracts

Jun, Byoung - 2014

-off, a hybrid share auction that includes a (possibly negative) cash reward to the winner, a minimum share, and an option to …

Persistent link: https://www.econbiz.de/10013060470

Auctions vs. Negotiations : The Case of Favoritism

Gretschko, Vitali - 2013

– that an intransparent negotiation yields a higher buyer surplus than a transparent auction for a range of parameters. In …

Persistent link: https://www.econbiz.de/10013089156

Revenues and Welfare in Auctions with Information Release

Schweizer, Nikolaus - 2015

Auctions are the allocation-mechanisms of choice whenever goods and information in markets are scarce. Therefore, understanding how information affects welfare and revenues in these markets is of fundamental interest. We introduce new statistical concepts, k- and k-m-dispersion, for...

Persistent link: https://www.econbiz.de/10013014354

Debt Sustainability in the Case of External Debt. An Analysis Based on Italy's Treasury Auctions

Cafiso, Gianluca - 2014

The objective of this paper is to assess whether external debt makes a difference for public debt stabilization, where external debt is considered through the non-residents' holdings according to a Balance of Payments perspective. The analysis is empirical and considers the case of Italy, one of...

Persistent link: https://www.econbiz.de/10013044665

The Cost of Endangered Species Protection : Evidence from Auctions for Natural Resources

Bošković, Branko - 2016

design to evaluate how prices differ along regulation boundaries that constrain resource development. The auction format and …

Persistent link: https://www.econbiz.de/10012987389

Auctioneers as Market Makers : Managing Momentum in Chittagong Tea Auctions

Hossain, Tanjim - 2016

In an auction market, the auctioneer exerts significant influence in choosing and administering a selling strategy. We … auctioneer's actions maintain a careful balance of his own incentives vs. those of his clients, and the auction outcomes are … reserve price for a lot exerts a positive price externality on subsequent lots within the auction. To manage the momentum of …

Persistent link: https://www.econbiz.de/10012996717

'Buy-it-Now' or 'Sell-it-Now' Auctions : Effects of Changing Bargaining Power in Sequential Trading Mechanisms

Grebe, Tim - 2016

at a fixed price before an auction. In the “Buy-It-Now” format, the seller has the bargaining power and offers a price … prior to the auction; whereas in the “Sell-It-Now” format, it is the buyer. Both formats are extensively used in online and … auction …

Persistent link: https://www.econbiz.de/10013000430

Foreign Bidders Going Once, Going Twice... Protection in Government Procurement Auctions

Cole, Matthew T.; Davies, Ronald B. - 2021

Until recently, government procurement bidding processes have generally favored domestic firms by awarding the contract to a domestic firm even if a foreign firm tenders a lower bid, so long as the difference between the two is sufficiently small. This has been replaced by an agreement...

Persistent link: https://www.econbiz.de/10013315621

Treasury Auctions and Secondary Market Dynamics. An Analysis Based on the MTS Market for Italy

Cafiso, Gianluca - 2015

deeper and more accurately these two findings by taking Italy as a case study. Our results question the so-called auction …

Persistent link: https://www.econbiz.de/10013021758