Showing 1 - 10 of 402
auction with an additional buyer is conducted. The theoretical model predicts that with risk neutral agents all sales take … place in the auction rendering the negotiation prior to the auction obsolete. An experimental test of the model provides …
Persistent link: https://www.econbiz.de/10010365906
Persistent link: https://www.econbiz.de/10002678194
We analyse how the market design influences the bidding behaviour in multi-unit auctions, such as wholesale electricity markets. It is shown that competition improves for increased market transparency and we identify circumstances where the auctioneer prefers uniform to discriminatory pricing....
Persistent link: https://www.econbiz.de/10011410462
Persistent link: https://www.econbiz.de/10011375759
Persistent link: https://www.econbiz.de/10011455431
Persistent link: https://www.econbiz.de/10010504819
Persistent link: https://www.econbiz.de/10011289920
Persistent link: https://www.econbiz.de/10012159963
Persistent link: https://www.econbiz.de/10012224706
Persistent link: https://www.econbiz.de/10011952524