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Entry and exit in hub-spoke networks
Hendricks, Kenneth; Piccione, Michele; Tan, Guofu - 1995
Persistent link: https://www.econbiz.de/10000922720
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Entry and Exit in Hub-Spoke Networks
Hendricks, Kenneth; Piccione, Michele - 2004
We offer an explanation for why regional carriers may not survive in hub-spoke networks. When a regional carrier and a hub operator compete in a spoke market, both will suffer losses in that market. But if the hub operator exists in the spoke market, its profits in connecting markets will fall....
Persistent link: https://www.econbiz.de/10014060534
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Auctioning Resource Rights
Hendricks, Kenneth; Porter, Robert H. - In: Annual Review of Resource Economics 6 (2014) 1, pp. 175-190
We review the issues involved in designing a mechanism for allocating resource rights. We focus on the case of exploration and development rights for oil and gas leases in US federal lands to highlight the trade-offs at play. The main issues concern the design of the lease contract, the design...
Persistent link: https://www.econbiz.de/10010951577
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Auctioning resource rights
Hendricks, Kenneth; Porter, Robert H. - 2013
We review the issues involved in designing a mechanism for allocating resource rights. We focus on the case of exploration and development rights for oil and gas leases in U.S. federal lands to highlight the tradeoffs at play. The main issues concern the design of the lease contract, the design...
Persistent link: https://www.econbiz.de/10010332118
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Essays on multi-item auctions : theorectical and empirical investigations
Sibley, David S. (contributor);  … - 2011
In this dissertation, I explore bidders’ behavior in multiple auctions which are conducted sequentially or … auctions and show that the wildly-used assumption of proxy bidding is inappropriate in the multiple auction setting. The first … auctions are more likely to win and have higher payoffs than proxy bidders. The third essay studies the procurement auctions in …
Persistent link: https://www.econbiz.de/10009429272
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Auctions for Oil and Gas Leases with an Informed Bidder and a Random Reservation Price
Hendricks, Kenneth - Center for Mathematical Studies in Economics and … - 1990
The paper analyzes a first price, sealed bid auction with a random reservation price where the object has an unknown common value, but one buyer has better information than the others. We permit the reservation price to be correlated with the information of the informed buyer, which reflects...
Persistent link: https://www.econbiz.de/10005252292
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Auctions for Oil and Gas Leases with an Informed Bidder and a Random Reservation Price
Hendricks, Kenneth - 1990
The paper analyzes a first price, sealed bid auction with a random reservation price where the object has an unknown common value, but one buyer has better information than the others. We permit the reservation price to be correlated with the information of the informed buyer, which reflects...
Persistent link: https://www.econbiz.de/10012235725
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Random reservation prices and bidding behavior in OCS drainage auctions
Hendricks, Kenneth
Persistent link: https://www.econbiz.de/10001274401
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The timing and incidence of exploratory drilling on offshore wildcat tracts
Hendricks, Kenneth - In: The American economic review 86 (1996) 3, pp. 388-407
Persistent link: https://www.econbiz.de/10001209509
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Auctioning resource rights
Hendricks, Kenneth; Porter, Robert H. - 2013
We review the issues involved in designing a mechanism for allocating resource rights. We focus on the case of exploration and development rights for oil and gas leases in U.S. federal lands to highlight the tradeoffs at play. The main issues concern the design of the lease contract, the design...
Persistent link: https://www.econbiz.de/10010233153