Mougeot, Michel; Naegelen, Florence - In: Recherches économiques de Louvain 72 (2006) 3, pp. 247-264
<marquage typemarq="gras"/> This paper analyzes the properties of the English auction with bidding credits that is used for e-procurement in the case of differenciated goods. Assuming that production costs are increasing with the level of quality and that the score function of the buyer is concave, we characterize the...