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discussion about the obtained results at the end. The first part provides a literature review on auctions and analyzes bidders …' behavior in Austrian cattle auctions. The aim is to investigate whether there are differences among bidders and whether bidders …
Persistent link: https://www.econbiz.de/10009467021
auctions. It is the second bulletin on livestock marketing research in the West prepared under the supervision of the Western … marketing agencies used and the status of auctions in the total structure of livestock marketing; (3) to trace the development … trade territory and methods of transportation used; and (5) to determine the economic effectiveness of auctions as an agency …
Persistent link: https://www.econbiz.de/10009468711
While there is an ever increasing adoption of e-sourcing, where a buyer auctions off procurement contracts to a small …, focusing on recurring auctions, we find that suppliers bid adaptively. The adaptive bidding is affected by the rank of … auctions, while non-incumbent winner's quality is lower. These findings imply that the main value of online procurement …
Persistent link: https://www.econbiz.de/10009475951
(Roscas) in an agricultural south-Indian village are used for an analysis of Rosca auctions. We develop a simple SIPV Rosca …-auction model. We show that, in contrast to standard SIPV English auctions, bidders overbid relative to their maximum willingness to …
Persistent link: https://www.econbiz.de/10009476244
a series of auctions to elicit consumers' valuations for the product. The primary decision making problem the firm faces … is when to stop holding auctions, where a limited number of units can be sold, and turn to a traditional sales campaign …
Persistent link: https://www.econbiz.de/10009476546
Simultaneous ascending auctions present agents with various strategic problems, depending on preference structure. As … long as bids represent non-repudiable offers, submitting noncontingent bids to separate auctions entails an exposure …
Persistent link: https://www.econbiz.de/10009476549
In this dissertation, I study three resource allocation problems. In the first study, I present joint work with Yan Chen, Thomas Finholt, and Kan Takeuchi on a laboratory study evaluating three different package auction mechanisms for allocating access to large scientific equipments. I found...
Persistent link: https://www.econbiz.de/10009476663
Actual investment performance reflects the underlying strategy of the portfolio manager and the execution costs incurred in realizing those objectives. Execution costs, especially in illiquid markets, can dramatically reduce the notional return to an investment strategy. This paper examines the...
Persistent link: https://www.econbiz.de/10009476685
We examine a supply base diversification problem faced by a buyer who periodically holds auctions to award short term …
Persistent link: https://www.econbiz.de/10009476951
integration of preference structures andgraphical models in trading mechanisms, and in particular in multiattribute auctions. I … firstdevelop multiattribute auctions that accommodate generalized additive independent (GAI)preferences. Previous multiattribute … modeling of user utility in sponsored-search auctions, in order to facilitate ranking mechanisms that account for the user …
Persistent link: https://www.econbiz.de/10009477332