Narrow search
Showing 1 - 3 of 3
Cover Image
Optimal Use of Rewards as Commitment Device When Bidding is Costly
Hu, Luke - 2012
This paper considers procurement auctions with costly bidding when the auctioneer is unable to commit himself to …
Persistent link: https://www.econbiz.de/10010333722
Cover Image
License auctions with exit (and entry) options: Alternative remedies for the exposure problem
Hu, Luke; Wolfstetter, Elmar G. - 2012
Inspired by some spectrum auctions, we consider a stylized license auction with incumbents and one entrant. Whereas the …
Persistent link: https://www.econbiz.de/10010334149
Cover Image
Ownership and Control in a Competitive Industry
Karle, Heiko; Klein, Tobias J.; Stahl, Konrad O. - 2011
We study a differentiated product market in which an investor initially owns a controlling stake in one of two competing firms and may acquire a non-controlling or a controlling stake in a competitor, either directly using her own assets, or indirectly via the controlled firm. While industry...
Persistent link: https://www.econbiz.de/10010333848