passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger …Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative … those with direct negotiations. Taken together, these results indicate a significant efficiency enhancing effect of auctions. …

in Seattle in August 2000. We discuss the strong connections between auction theory and standard economic theory, and … argue that auction-theoretic tools and intuitions can provide useful arguments and insights in a broad range of mainstream … economic settings that do not, at first sight, look like auctions. We also discuss some more obvious applications, especially …

discuss the current 3G spectrum auctions in Germany and the Netherlands. Auction design is a matter of ‘horses for courses … discuss radiospectrum and football TV-rights auctions, electricity markets, and takeover battles), and the Anglo-Dutch auction …The most important issues in auction design are the traditional concerns of competition policy-preventing collusive …

in Seattle in August 2000. We discuss the strong connections between auction theory and 'standard' economic theory, and … argue that auction-theoretic tools and intuitions can provide useful argument and insights in a broad range of mainstream … economic settings that do not, at first sight, look like auctions. We also discuss some more obvious applications, especially …

This article analyzes tacit collusion in infinitely repeated multiunit uniform price auctions in a symmetric …-quantity pair, perfect collusion with equal sharing of profit is easier to sustain in the uniform price auction than in the … corresponding discriminatory auction. Moreover, capacity withholding may be necessary to sustain this outcome. Even when firms may …

of a multi-object auction. After the auction either all bids or only the prices to be paid are revealed to all firms … bidders’ costs generally depends on the type and fierceness of the market competition, the specific auction format, and the …

asset that is too large or too risky for a single individual or financial institution so that an auction method is not … and a SS is provided. The difference between an auction scheme and a subscription scheme is discussed. …

Consider a market where producers submit supply functions to a procurement auction — e.g. an electric power auction …