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Auctions for private congestible infrastructures
Berg, Vincent A. C. van den - 2012
Persistent link: https://www.econbiz.de/10009722993
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Private road networks with uncertain demand
Fu, Xinying; Berg, Vincent A. C. van den; Verhoef, Erik T. - 2015
study, regulation by competitiv e auction cannot replicate the second-best zero-profit result. For more complex networks … parameter range considered in the numerical simulation, entry by generalized auction performs better than entry by patronage … auction. …
Persistent link: https://www.econbiz.de/10011302395
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Private road networks with uncertain demand
Fu, Xinying; Berg, Vincent A. C. van den; Verhoef, Erik T. - 2017
self-financing still holds in expected terms. Regulation by competitive auction cannot replicate the second-best zero … uncertainty, some form of auction performs better than others with demand uncertainty. …
Persistent link: https://www.econbiz.de/10011602731
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On current and future carbon prices in a risky world
Olijslagers, Stan; Ploeg, Frederick van der; … - 2021
We analyse optimal abatement and carbon pricing strategies under a variety of economic, temperature and damage risks. Economic growth, convex damages and temperature-dependent risks of climatic tipping points lead to higher growth rates, but gradual resolution of uncertainty lowers them. For...
Persistent link: https://www.econbiz.de/10012545087
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Commit to a credible path of rising CO2 prices
Wijnbergen, Sweder van; Ploeg, Frederick van der; … - 2020
CO2 pricing is essential for an efficient transition to the green economy. Despite Daniel, Litterman and Wagner (2019)' claim that CO2 prices should decline, CO2 prices should rise over time. First, damages from global warming are proportional to economic activity and this makes CO2 prices grow...
Persistent link: https://www.econbiz.de/10012226047
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Competitiveness and investments under emissions trading
Bremer, Leon; Sommer, Konstantin - 2022
We study the effects of the EU Emissions Trading System (ETS) on employment and profits as well as on the investment decisions of Dutch manufacturing firms. Motivated both by sizable differences between firms that are regulated in different phases and by the gradual increase in regulatory...
Persistent link: https://www.econbiz.de/10013359031
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Emotions and economic shocks in a first-price auction
Bosman, Ronald; Riedl, Arno - 2003
We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we … confront subjects after a first auction series with apositive or negative random economic shock. We then explore the relation … between emotions andbidding behavior in a second auction series. Our main results are: (i) the economic shock has asubstantial …
Persistent link: https://www.econbiz.de/10011333886
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The extent of internet auction markets
Haan, Laurens de; Vries, Casper G. de; Chen Zhou - 2008
Persistent link: https://www.econbiz.de/10003705985
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If winning isn't everything, why do they keep score? : a structural empirical analysis of Dutch flower auctions
Berg, Gerard J. van den; Klaauw, Bas van der - 2007
This paper provides a structural empirical analysis of Dutch auctions of houseplants at the flower auction in Aalsmeer … auction participants, and as such these data are collectible due to neurological constraints on information processing. The …
Persistent link: https://www.econbiz.de/10011372506
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The unique-lowest sealed-bid auction
Houba, Harold; Laan, Dinard van der; Veldhuizen, Dirk - 2008
-bidders' auction is similar to the Hawk-Dove game, which motivates to study symmetric NEs: Properties and comparative statics are …
Persistent link: https://www.econbiz.de/10011374396