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licensing without reducing bidders' surplus; therefore, it is more profitable than both standard license auctions and pure … royalty licensing. We also take into account that the number of licenses must be an integer, which is typically ignored in the …
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We analyse procurement auctions in which sellers are distinguished on the basis of the ratios of quality per unit of …
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We study decision making processes with non-standard all-pay structures. We motivate this interest through a group of regulatory, political, legal, military, and economic applications where individual actions determine the consequences for a larger group or the public. The common features of...
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A budget-constrained buyer wants to purchase items from a shortlisted set. Items are differentiated by quality and sellers have private reserve prices for their items. Sellers quote prices strategically, inducing a knapsack game. The buyer's problem is to select a subset of maximal quality. We...
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A budget-constrained buyer wants to purchase items from a shortlisted set. Items are differentiated by observable quality and sellers have private reserve prices for their items. Sellers quote prices strategically, inducing a knapsack game. The buyer's problem is to select a subset of maximal...
Persistent link: https://www.econbiz.de/10010273637