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Conservation auctions, collusion and the endowment effect

Dijk, Justin; Ansink, Erik; van Soest, Daniël Pieter - 2018

activities. We use an economic experiment to examine whether the market efficiency of conservation auctions increases or … decreases with repetition. Theory predicts that repetition facilitates collusion among sellers in procurement auctions, while … effects, the latter has the upper hand; average bids decrease monotonically over the consecutive auctions. Since repetition …

Persistent link: https://www.econbiz.de/10012114745

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

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 …

Persistent link: https://www.econbiz.de/10011662534

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 … aftermarkets, and auctions may also impose restrictions on aftermarket prices the winner can charge. This paper compares … aftermarket social welfare generated by first-price and second-price procurement auctions. It reveals that the social welfare …

Persistent link: https://www.econbiz.de/10014469623

The Transaction Costs Perspective on Costs And Benefits of Government Regulation

den Butter, Frank A.G.; de Graaf, Marc; Nijsen, André - 2009

This paper explores the feasibility to extend the Standard Cost Model (SCM) for calculating the costs of government regulation by taking all transaction costs into account which stem from the principal/agent relationship between regulatory authorities and economic entities. From that perspective...

Persistent link: https://www.econbiz.de/10010325770

The Transaction Costs Perspective on Costs and Benefits of Government Regulation : Extending the Standard Cost Model

den Butter, Frank A. G.; de Graaf, Marc; Nijsen, Andre - 2009

Persistent link: https://www.econbiz.de/10014210397

Selecting less Corruptible Bureaucrats

Hu, Audrey; Zhou, Liang - 2007

A government officials' propensity to corruption, or corruptibility, can be affected by his intertemporal preference over job benefits. Through a dynamic model of rent-seeking behavior, this paper examines how endogenously determined corruptibility changes with monitoring intensity, salary...

Persistent link: https://www.econbiz.de/10010325607