Showing 1 - 10 of 2,613
This article studies the design of optimal mechanisms to regulate entry in natural oligopoly markets, assuming the … that these mechanisms generally avoid budget deficits and prevent excessive entry. …
Persistent link: https://www.econbiz.de/10010956424
, predatory, and entry deterring behaviour. Ascending and uniform-price auctions are particularly vulnerable to these problems (we … discuss radiospectrum and football TV-rights auctions, electricity markets, and takeover battles), and the Anglo-Dutch auction … – a hybrid of the sealed-bid and ascending auctions may often perform better. However, everything depends on the details …
Persistent link: https://www.econbiz.de/10005114514
auction is more conducive to entry - precisely because of its inefficiency - it usually generates higher expected revenue.  We … also discuss the effects of lock-ups, matching rights, break-up fees (as in takeover battles), entry subsidies, etc. …
Persistent link: https://www.econbiz.de/10011004186
buyers. In an auction all entry decisions are made prior to any bidding. In a sequential bidding earlier entrants can make … conducive to entry in several ways it usually generates higher expected revenue. …
Persistent link: https://www.econbiz.de/10010604887
is more conducive to entry - precisely because of its inefficiency - it usually generates higher expected revenue. We … also discuss the effects of lock-ups, matching rights, break-up fees (as in takeover battles), entry subsidies, etc. …
Persistent link: https://www.econbiz.de/10008469677
is more conducive to entry - precisely because of its inefficiency - it usually generates higher expected revenue. We … also discuss the effects of lock-ups, matching rights, break-up fees (as in takeover battles), entry subsidies, etc. …
Persistent link: https://www.econbiz.de/10004976795
buyers. In an auction all entry decisions are made prior to any bidding. In a sequential bidding process earlier entrants can … auction is more conducive to entry in several ways it usually generates higher expected revenue. A substantially revised …
Persistent link: https://www.econbiz.de/10005123726
divestitures. The Dutch government has done exactly that, organizing auctions to redistribute tenancy rights for high- way gasoline …
Persistent link: https://www.econbiz.de/10005137121
This paper explores, through a series of experiments, the effect of shill bidding upon revenues and prices in auctions … benefits to the bidders. Finally, even though there were too many bidders that submitted bids in these auctions, the number of …
Persistent link: https://www.econbiz.de/10005408226
rebates (entry fees) always dominate positive rebates. …
Persistent link: https://www.econbiz.de/10005739676