Showing 1 - 10 of 295
Persistent link: https://www.econbiz.de/10011304973
Persistent link: https://www.econbiz.de/10010362561
Persistent link: https://www.econbiz.de/10010247687
The literature on license auctions for process innovations in oligopoly assumed that the auctioneer reveals the winning …, partial, and no disclosure of bids, which correspond to standard auctions. We show that more information disclosure increases …
Persistent link: https://www.econbiz.de/10010378352
Persistent link: https://www.econbiz.de/10009785950
Persistent link: https://www.econbiz.de/10010257925
Persistent link: https://www.econbiz.de/10010248411
Persistent link: https://www.econbiz.de/10012607810
If bidders are uncertain whether the auctioneer sticks to the announced reserve, some bidders respond by not bidding, speculating that the auctioneer may revoke the reserve. However, the reserve inadvertently signals the auctioneer's type, which drives a unique separating and a multitude of...
Persistent link: https://www.econbiz.de/10009781360
Persistent link: https://www.econbiz.de/10011664891