Showing 1 - 10 of 309
different specifications for the financial proposals - "lowest price to consumers" vs "highest concession fee", and two …
Persistent link: https://www.econbiz.de/10008810289
asymmetric information, clearly identify the expected value of the spectrum, to be used to set auction bases, prices in beauty …
Persistent link: https://www.econbiz.de/10010470177
the probability of early investment, depending on the risk of losing the licence and the expectations about on …
Persistent link: https://www.econbiz.de/10008702114
Persistent link: https://www.econbiz.de/10011775943
Persistent link: https://www.econbiz.de/10012504487
Persistent link: https://www.econbiz.de/10000914350
Persistent link: https://www.econbiz.de/10003545932
Persistent link: https://www.econbiz.de/10008688795
-unit, multi-bid uniform auction, modelled as a Bayesian game of incomplete information. At the auction each firm anticipates his … as their bidding strategies and it precludes the auction from generating a cost-effective allocation of permits, as it … would occur in simpler auction models. Auctioning tends to be more cost-effective than grandfathering when the firms' costs …
Persistent link: https://www.econbiz.de/10010226080
Contracts providing payments for not developing natural areas, or for removing cropland from production, generally require long-term commitments. Landowners, however, can decide to prematurely terminate the contract when the opportunity cost of complying with conservation requirements increases....
Persistent link: https://www.econbiz.de/10010380650