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effects. -- merger simulation ; merger control ; antitrust ; oligopoly theory ; auction models ; mergers & acquisitions …
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This paper develops a theory of multiple unit auctions with short squeezes in the post- auction market. This is …
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We study auction design when parties cannot commit themselves to the mechanism. The seller may change the rules of the game and the buyers choose their outside option at all stages. We assume that the seller has a leading role in equilibrium selection at any stage of the game. Stationary...
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This paper studies revenue-maximizing mechanisms for a monopolist who expects her buyers to resell in a secondary market. We consider two modes of resale: the first is to a third party who does not participate in the primary market; the second is inter-bidders resale, where the winner in the...
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