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methods coincide. However, bidding processes differ fundamentally with regard to the decision situation of the participants …
Persistent link: https://www.econbiz.de/10012669292
methods coincide. However, bidding processes differ fundamentally with regard to the decision situation of the participants …
Persistent link: https://www.econbiz.de/10012661954
We describe the economics literature on auction markets, with an emphasis on the connection between theory, empirical practice, and public policy, and a discussion of outstanding issues. We describe some basic concepts, to highlight some strengths and weaknesses of the literature, and so...
Persistent link: https://www.econbiz.de/10010270365
group of pre-qualified suppliers, there is a lack of understanding of the impact of dynamic bidding process on procurement … outcomes and bidding behavior. To extend the knowledge of this important issue, in this thesis, we explore empirically the … bidding behavior and examine the effect of incumbent status on bidding. First, we collect detailed auction and contract …
Persistent link: https://www.econbiz.de/10009475951
The paper analyzes a first price, sealed bid auction with a random reservation price where the object has an unknown common value, but one buyer has better information than the others. We permit the reservation price to be correlated with the information of the informed buyer, which reflects...
Persistent link: https://www.econbiz.de/10012235725
D) of the right hand, a measure of prenatal hormone exposure, is correlated with bidding behavior and total profits. 2D … correlation between 2D:4D on either bidding or profits. However, there might be racial differences in the correlation between 2D:4 …D and bidding and profits. …
Persistent link: https://www.econbiz.de/10010282098
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