Showing 1 - 8 of 8
English Abstract: Auction is widely used in allocation and procurement of resources due to its desirable properties …: efficiency and revenue maximization. It is wellknown, however, that auction may fail to achieve efficiency when allocative … externalities exist. Such a result may happen in the auction of the resources that are very scarce, for example, radio spectrum …
Persistent link: https://www.econbiz.de/10012994923
English Abstract: Spectrum auction was first introduced in New Zealand in 1989 and the United States in 1994, and was … the spectrum auction in reality, and this literature provides guidelines on the design of auctions to individual countries … relying on them. Today, more than 20 years after the introduction of the spectrum auction system around the world, time is …
Persistent link: https://www.econbiz.de/10012945942
English Abstract: This paper considers the effect of various types of procurement auction system on competition … bidders and the rate is lower as the expected price is higher. When we analyze the data of price procurement auction, the rate … procurement auction is the lack of competition as well as the systematic difference. By setting up a model, we are able to explain …
Persistent link: https://www.econbiz.de/10012993140
English Abstract: This paper analyzes Onbid car auction data by employing various methods, including structural … estimation, to identify main factors which decides auction prices and figure out what effects those factors are making on the … auction price. I then discuss on how to maximize sellers' revenue in OnBid car auctions. The government and public institutes …
Persistent link: https://www.econbiz.de/10012994021
auction, where price factor and non-price factor are evaluated, is used. This paper tries to analyze bidding data in BTO road …
Persistent link: https://www.econbiz.de/10012994612
Korean Abstract: 본고는 우리나라 성인들이 화폐환상(money illusion)을 지니는지 여부를 가계 설문조사를 통하여 검증하였다. 화폐환상이란 경제주체들이 물가변동을 고려한 후의 실질가치가 아닌 화폐의 명목가치를 중심으로...
Persistent link: https://www.econbiz.de/10013221194
Korean Abstract: 조건부가치측정법(contingent valuation method)은 비시장재의 경제적 가치를 추정하는 방법의 하나로, 공공사업의 경제적 편익을 계산하는 데 이용되어 왔다. 지불거부응답(protest responses)은 본인의 선호와 상관없이...
Persistent link: https://www.econbiz.de/10012994600
Persistent link: https://www.econbiz.de/10010415754