The siting of noxious facilities is most of the time a reason for conflict. Kunreuther et al. [1986] and O'Sullivan [1993] suggest two auctions to facilitate the siting of such facilities: the low-bid and high-bid auctions. O'Sullivan shows that, in a two-city region, the high-bid auction is far...

The siting of noxious facilities is most of the time a reason for conflict. Kunreuther et al. [1986] and O'Sullivan [1993] suggest two auctions to facilitate the siting of such facilities: the low-bid and high-bid auctions. O'Sullivan shows that, in a two-city region, the high-bid auction is far...

We examine how the bidding environment may affect the outcome of tax competition between two countries (or two regions) in attracting a firm's foreign direct investment (FDI).We compare the equilibrium location choice and payoffs from an English auction, with both complete and incomplete...