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Auctions and leaks : a theoretical and experimental investigation
Fischer, Sven Heiko; Güth, Werner; Kaplan, Todd R.; … - 2014 - This version: November 5, 2014
We study first- and second-price private value auctions with sequential bidding where second movers may discover the … usual revenue dominance of first-price over second-price auctions. With a high probability of a leak, second-price auctions …
Persistent link: https://www.econbiz.de/10010433909
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Auctions and leaks : a theoretical and experimental investigation
Fischer, Sven; Güth, Werner; Kaplan, Todd R.; Zultan, Ro'i - 2017 - Revised Version of JERP 2014-027
In first- and second-price private value auctions with sequential bidding, second movers may discover the first movers … eliminate the usual revenue dominance of first- over second-price auctions. With a high leak probability, second-price auctions …
Persistent link: https://www.econbiz.de/10011738563
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Auctions and Leaks: A Theoretical and Experimental Investigation
Fischer, Sven; Güth, Werner; Kaplan, Todd R.; Ro'i Zultan - Wirtschaftswissenschaftliche Fakultät, … - 2014
We study first- and second-price private value auctions with sequential bidding where second movers may discover the … usual revenue dominance of first-price over second-price auctions. With a high probability of a leak, second-price auctions …
Persistent link: https://www.econbiz.de/10010961052
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Auctions and leaks: A theoretical and experimental investigation
Fischer, Sven; Güth, Werner; Kaplan, Todd R.; Zultan, Ro'i - 2014
We study first- and second-price private value auctions with sequential bidding where second movers may discover the … usual revenue dominance of first-price over second-price auctions. With a high probability of a leak, second-price auctions …
Persistent link: https://www.econbiz.de/10010500151
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Silent interests and all-pay auctions
Konrad, Kai A. - 2005
If firms compete in all-pay auctions with complete information, silent shareholdings introduce asymmetric externalities …
Persistent link: https://www.econbiz.de/10010261198
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Silent Interests and All-Pay Auctions
Konrad, Kai A. - 2005
If firms compete in all-pay auctions with complete information, silent shareholdings introduce asymmetric externalities …
Persistent link: https://www.econbiz.de/10010296367
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Silent Interests and All-Pay Auctions
Konrad, Kai A. - Fachbereich Wirtschaftswissenschaft, Freie Universität … - 2005
If firms compete in all-pay auctions with complete information, silent shareholdings introduce asymmetric externalities …
Persistent link: https://www.econbiz.de/10008533529
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Silent Interests and All-Pay Auctions
Konrad, Kai A. - 2021
If firms compete in all-pay auctions with complete information, silent shareholdings introduce asymmetric externalities …
Persistent link: https://www.econbiz.de/10013318526
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Merger and collusion in contests
Huck, Steffen; Konrad, Kai A.; Müller, Wieland - Abteilung "Marktprozesse und Steuerung", … - 2001
Competition in some product markets takes the form of a contest. If some firms cooperate in such markets, they must decide how to allocate effort on each of their products and whether to reduce the number of their products in the competition. We show how this decision depends on the convexity...
Persistent link: https://www.econbiz.de/10009367922
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Merger and collusion in contests
Huck, Steffen; Konrad, Kai A.; Müller, Wieland - 2001
Competition in some product markets takes the form of a contest. If some firms cooperate in such markets, they must decide how to allocate effort on each of their products and whether to reduce the number of their products in the competition. We show how this decision depends on the convexity...
Persistent link: https://www.econbiz.de/10010307019