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passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger …Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative … those with direct negotiations. Taken together, these results indicate a significant efficiency enhancing effect of auctions. …
Persistent link: https://www.econbiz.de/10009275960
passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger …Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative … legal framework. We first characterize the decisions of the agency in a simple reduced form framework of negotiations and …
Persistent link: https://www.econbiz.de/10009283196
This paper studies the effects of introducing competition for local passenger railway markets in the German state of Baden-Württemberg. We compare the evolution of the frequency of service on lines that were exposed to competition for the market and lines that were not. Our results suggest that...
Persistent link: https://www.econbiz.de/10005136535
In Germany, competitive franchising is increasingly being used to procure passenger railway services that were …. Also, more recent auctions have been won by competitors more frequently than earlier auctions. Other control variables such …
Persistent link: https://www.econbiz.de/10005700812
This paper studies the effects of introducing competition for local passenger railway markets in the German state of Baden-Württemberg. We compare the evolution of the frequency of service on lines that were exposed to competition for the market and lines that were not. Our results suggest that...
Persistent link: https://www.econbiz.de/10005566321
None available
Persistent link: https://www.econbiz.de/10010604844
in Seattle in August 2000. We discuss the strong connections between auction theory and standard economic theory, and … argue that auction-theoretic tools and intuitions can provide useful arguments and insights in a broad range of mainstream … economic settings that do not, at first sight, look like auctions. We also discuss some more obvious applications, especially …
Persistent link: https://www.econbiz.de/10010605125
discuss the current 3G spectrum auctions in Germany and the Netherlands. Auction design is a matter of ‘horses for courses … discuss radiospectrum and football TV-rights auctions, electricity markets, and takeover battles), and the Anglo-Dutch auction …The most important issues in auction design are the traditional concerns of competition policy-preventing collusive …
Persistent link: https://www.econbiz.de/10005114514
in Seattle in August 2000. We discuss the strong connections between auction theory and 'standard' economic theory, and … argue that auction-theoretic tools and intuitions can provide useful argument and insights in a broad range of mainstream … economic settings that do not, at first sight, look like auctions. We also discuss some more obvious applications, especially …
Persistent link: https://www.econbiz.de/10005792157
This article analyzes tacit collusion in infinitely repeated multiunit uniform price auctions in a symmetric …-quantity pair, perfect collusion with equal sharing of profit is easier to sustain in the uniform price auction than in the … corresponding discriminatory auction. Moreover, capacity withholding may be necessary to sustain this outcome. Even when firms may …
Persistent link: https://www.econbiz.de/10009650691