Narrow search
Showing 1 - 10 of 205
Cover Image
Auctions vs negotiations in public procurement: Which works better?
Lalive, Rafael; Schmutzler, Armin - 2011
Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative … passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger … auctions. This analysis suggests accounting for the endogeneity of the choice of procurement mode by estimating the mode of …
Persistent link: https://www.econbiz.de/10010316858
Cover Image
The effects of mergers in open auction markets
Waehrer, Keith; Perry, Martin K. - 2002
The buyer solicits bids from suppliers with different cost distributions defined by their capacities. The expected market share of each supplier is the ratio of its capacity to the industry capacity. The buyer's optimal reserve price declines with increases in the concentration of the industry....
Persistent link: https://www.econbiz.de/10010318342
Cover Image
Price response, asymmetric information, and competition
Sherman, Joshua; Weiss, Avi - 2012
We compare predictions from a theoretical model based on the structure of the main outdoor retail market in Jerusalem with the results of an empirical analysis of price response to changes in cost. We find that firms without adjacent competition exhibit both upward and downward price rigidity,...
Persistent link: https://www.econbiz.de/10010336014
Cover Image
Rent sharing and gender discrimination in collegiate athletics
Lackner, Mario; Zulehner, Christine - 2013
In this paper, we analyze the effect of market power on the share of females in top management positions using data from a market in which some firms have market power due to an institutionalized cartel. We investigate collegiate athletics and interpret coaches as top-level managers or chief...
Persistent link: https://www.econbiz.de/10010368250
Cover Image
End of 9-endings and price perceptions
Chen, Haipeng; Levy, Daniel C.; Snir, Avichai - 2017
the regulatory intervention optimally, which has eliminated the regulation's intended effect. …
Persistent link: https://www.econbiz.de/10011785713
Cover Image
Price discrimination via the choice of distribution channels
Dulleck, Uwe; Kerschbamer, Rudolf - 2005
This article studies the use of different distribution channels as an instrument of price discrimination in credence goods markets. In credence goods markets, where consumers do not know which quality of the good or service they need, price discrimination proceeds along the dimension of quality...
Persistent link: https://www.econbiz.de/10010294597
Cover Image
Auctions vs negotiations in public procurement: Which works better?
Lalive, Rafael; Schmutzler, Armin; Zulehner, Christine - 2015
Public agencies mainly rely on two modes to procure goods and services: auctions and direct negotiations. We study a … 1994 policy change in Germany that introduced the possibility to procure rail services in auctions as well as in direct …, auctions improve service levels and reduce prices. As a result, surplus on auctioned lines increased by about 30 …
Persistent link: https://www.econbiz.de/10011420574
Cover Image
Market power and information revelation in dynamic trading
Gottardi, Piero; Serrano, Roberto - 2002
We study a strategic model of dynamic trading where agents are asymmetrically informed over common value sources of uncertainty. There is a continuum of uninformed buyers and a finite number of sellers, some of them informed. When there is only one seller, full information revelation never...
Persistent link: https://www.econbiz.de/10010318890
Cover Image
The economics of television and online video markets
Crawford, Gregory S. - 2015
Television is the dominant entertainment medium for hundreds of millions. This chapter surveys the economic forces that determine the production and consumption of this content. It presents recent trends in television and online video markets, both in the US and internationally, and describes...
Persistent link: https://www.econbiz.de/10011420564
Cover Image
Una evaluación de la competencia en el sector bancario de Argentina: Evidencia empírica con datos a nivel de banco
González Padilla, Héctor Gustavo - 2010
monopoly. This paper explores the degree of competition in the credit market of Argentina in the period 2002-2007. The …
Persistent link: https://www.econbiz.de/10010325100