two aspects from the auctions of CO2 certificates that have been conceived and organised so far. On the one hand, all … collected in the auctions of micro-certificates will be disbursed to every single person – at regular intervals, and without …

-Turnier und Scoring-Auktion, werden mit einer Auktion kombiniert, in der um die Teilnahme am Turnier geboten wird (entry auction …. Auctions and auction-like mechanisms are institutions that organize transactions between economic agents. In the face of … modifizierte Lizenzauktion, die profitabler ist als die in der Literatur untersuchten Mechanismen. Bei dieser Auktion wird eine …

) for the continuous trading and extends it to the auction phase. The second chapter analyzes the impact of adverse … compensation of liquidity provision changes. The fourth chapter changes the focus to the opening auction. It proposes an extension … information about future prices that is not incorporated in the auction price. …

(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 … pay in an oral ascending bid Rosca auction and that less aggressive bidding is socially beneficial. Estimating the …

Classical auction theory relies heavily on the assumption of perfectly rational bidders that play according to their … evolutionary learning in repeated auctions - bidders' strategies are influenced by the outcome of the past rounds in the game … outcome of learning in auctions. On the other hand it uses computational simulation. The simulation is first checked against …

generelle R?ckstufung von Gesellschafterdarlehen nach dem MoMiG in der Insolvenz zu finden und modelltheoretisch zu analysieren … richtiger Ansatzpunkt f?r eine Rechtfertigung des Nachranges von Gesellschafterdarlehen in der Insolvenz sein kann, nicht jedoch …The economic reasons for the legal subordination (MoMiG) of shareholders' loans in the insolvency of a company are …