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) 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. …
Persistent link: https://www.econbiz.de/10009475366
Wie müsste eine faire Lösung des Klimaproblems aussehen? Wie sollten wir Pflichten und finanzielle Lasten der nötigen CO2-Reduktionen verteilen, wenn es dabei gerecht zugehen soll und keiner übervorteilt werden darf? In meiner Antwort auf diese ethischen Fragen stütze ich mich auf einen...
Persistent link: https://www.econbiz.de/10009467052
-Turnier und Scoring-Auktion, werden mit einer Auktion kombiniert, in der um die Teilnahme am Turnier geboten wird (entry auction … modifizierte Lizenzauktion, die profitabler ist als die in der Literatur untersuchten Mechanismen. Bei dieser Auktion wird eine … begrenzte Anzahl Royalty-Verträge (Royalty = mengenabhängige Lizenzgebühren) versteigert und die Verlierer der Auktion erhalten …
Persistent link: https://www.econbiz.de/10009467148
mechanisms is a promising approach to solve these problems. This book proposes an auction mechanism for allocating computer … resources which have multiple quality attributes and time constraints.The auction is evaluated by means of a numerical …
Persistent link: https://www.econbiz.de/10009434636
(Roscas) in an agricultural south-Indian village are used for an analysis of Rosca auctions. We develop a simple SIPV Rosca-auction … pay in an oral ascending bid Rosca auction and that less aggressive bidding is socially beneficial. Estimating the … Rosca auction outcomes, (ii) bidding in Rosca groups of experienced organisers is less aggressive than in groups of newcomer …
Persistent link: https://www.econbiz.de/10009476244
Persistent link: https://www.econbiz.de/10009449693
In an auction with a buy price, the seller provides bidders with an option to end the auction early by accepting a … transaction at a posted price. The "Buy-It-Now" option on eBay is a leading example of an auction with a buy price. This paper … develops a model of an auction with a buy price in which bidders use the auction's reserve price and buy price to formulate a …
Persistent link: https://www.econbiz.de/10009430058
to dynamic service pricing. For spectrum owner--WSPs interaction, we investigate various auction mechanisms for finding … bidders request for multiple units, (i.e., they are not restricted by allocation constraints) synchronous auction mechanism … auction mechanism that dynamically allocates spectrum to the WSPs based on their bids. As far as dynamic service pricing is …
Persistent link: https://www.econbiz.de/10009431077
The direct sale of emission allowances by auction is an emerging characteristic of cap-and-trade programs. This study … setting to investigate the effects of a loose cap environment on a variety of auction types. We find that all auction formats … studied are efficient in allocating emission allowances, but auction revenues tend to be lower relative to competitive …
Persistent link: https://www.econbiz.de/10009442655
Auctions are common mechanisms for identifying prices and suppliers of commodities and are particularly important in agricultural marketing. Information asymmetries among bidders may be ameliorated over time through some form of learning. In this study, we incorporate prior decisions to...
Persistent link: https://www.econbiz.de/10009443965