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We analyze the allocation of priority in queues via simple bidding mechanisms. In our model, the stochastically arriving customers are privately informed about their own processing time. They make bids upon arrival at a queue whose length is unobservable. We consider two bidding schemes that...
Persistent link: https://www.econbiz.de/10009197897
We study the effects of allocative and informational externalities in (multi-object) auctions and related mechanisms …. Such externalities naturally arise in models that embed auctions in larger economic contexts. In particular, they appear …
Persistent link: https://www.econbiz.de/10005792072
We analyse the interplay between license auctions and market structure in a model with several incumbents and several … illustrate some results with examples drawn from the German and UK licence auctions for 3G mobile telephony. …
Persistent link: https://www.econbiz.de/10005661756
Persistent link: https://www.econbiz.de/10001247208
We briefly survey several insights about value and revenue maximization in multi-object auctions and apply them to the …
Persistent link: https://www.econbiz.de/10011409210
Persistent link: https://www.econbiz.de/10002095156
We briefly survey several insights about value and revenue maximization in multi-object auctions and apply them to the …
Persistent link: https://www.econbiz.de/10001673509
We briefly survey several insights about value and revenue maximization in multi-object auctions and apply them to the …
Persistent link: https://www.econbiz.de/10001685911
We study multi-object auctions where agents have private and additive valuations for heterogeneous objects. We focus on … auctions, pure bundling auctions, mixed bundling auctions, auctions with reserve prices and auctions with pre-packaged bundles …. For any number of objects and bidders, both the pure bundling auction and separate, efficient auctions for the single …
Persistent link: https://www.econbiz.de/10010365884
Persistent link: https://www.econbiz.de/10001662835