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Conservation auctions, collusion and the endowment effect
Dijk, Justin; Ansink, Erik; van Soest, Daniël Pieter - 2018
We contribute to the literature on the optimal design of auction mechanisms for the procurement of nature conservation … decreases with repetition. Theory predicts that repetition facilitates collusion among sellers in procurement auctions, while …
Persistent link: https://www.econbiz.de/10012114745
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Buyouts and Agglomeration Bonuses in Wildlife Corridor Auctions
Dijk, Justin; Ansink, Erik; van Soest, Daan - 2017
We present a general model of bidding behavior in wildlife corridor auctions. Given (i) some spatial configuration of landowners in a landscape, (ii) the landowners’ opportunity costs, and (iii) the value of establishing the corridor, our model predicts individual landowners’ bids, overall...
Persistent link: https://www.econbiz.de/10011662534
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Aftermarket welfare and procurement auctions
Karamychev, Vladimir A. - 2023
Aftermarket social welfare is largely determined by a procurement auction design. Auctions select firms for operating … aftermarket social welfare generated by first-price and second-price procurement auctions. It reveals that the social welfare …-price procurement auctions are welfare-equivalent. When it increases (or decreases) with price, first-price (or second-price) auctions …
Persistent link: https://www.econbiz.de/10014469623
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Monitoring and Pay: An Experiment on Employee Performance under Endogenous Supervision
Dittrich, Dennis; Kocher, Martin G. - 2006
We present an experimental test of a shirking model where monitoring intensity is endogenous and effort a continuous variable. Wage level, monitoring intensity and consequently the desired enforceable effort level are jointly determined by the maximization problem of the firm. As a result,...
Persistent link: https://www.econbiz.de/10010325470
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Single-Till versus Dual-Till Regulation of Airports
Czerny, Achim I.; Zhang, Anmin - 2015
Most airports operate under public ownership, while some are privatized and economically regulated. Only a few airports are privately owned and experience little or no ex-ante regulation of airport charges. On the other hand, airports nowadays earn as much revenue from transport-related...
Persistent link: https://www.econbiz.de/10011288397
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Robot Cars and Dynamic Bottleneck Congestion: The Effects on Capacity, Value of Time and Preference Heterogeneity
van den Berg, Vincent A.C.; Verhoef, Erik T. - 2015
'Robot cars' are cars that allow for automated driving. They can drive closer together than human driven 'normal cars', and thereby raise road capacity. Obtaining a robot car instead of a normal car can also be expected to lower the user's value of time losses (VOT), because travel time can be...
Persistent link: https://www.econbiz.de/10011288417
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Early Mover Advantages
Bijwaard, Govert E.; Janssen, Maarten C.W.; Maasland, Emiel - 2005
This paper analyzes empirically whether and if so to what extent later entrants in the European mobile telephony industry have a disadvantage vis-à-vis incumbents and early mover entrants. To analyze this question a dynamic model of market share development and a series of static models are...
Persistent link: https://www.econbiz.de/10010325328
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Network Asymmetries and Access Pricing in Cellular Telecommunications
Kocsis, Viktória - 2005
Network shares and retail prices are not symmetric in the telecommunications market with multiple bottlenecks which give rise to new questions of access fee regulation. In this paper we consider a model with two types of asymmetry arising from different entry timing, i.e. a larger reputation for...
Persistent link: https://www.econbiz.de/10010325422
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Deregulating Sunday Shop Policies
Dijkgraaf, E.; Gradus, R.H.J.M. - 2006
Sunday shop opening is deregulated to the municipal level in the Netherlands. Despite positive effects on economic growth and employment, many municipalities restrict Sunday shop opening. Based on 2003 data we show that diverse local characteristics, like the size of municipalities and religious...
Persistent link: https://www.econbiz.de/10010325433
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Auctions for Private Congestible Infrastructures
van den Berg, Vincent A.C. - 2012
This paper investigates regulation by auctions of private supply of congestible infrastructures in two networks settings: 1) two serial facilities, where the consumer has to use both in order to consume; and 2) two parallel facilities that are imperfect substitutes. There are four market...
Persistent link: https://www.econbiz.de/10010326341