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If firms compete in all-pay auctions with complete information, silent shareholdings introduce asymmetric externalities … into the allpay auction framework. If the strongest firm owns a large share in the second strongest firm, this may make the …
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the spot market. -- capacity market ; procurement auction ; electricity market ; competitive equilibrium …
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In 2000 and 2001, several European countries carried out auctions for third generation technologies or universal mobile … telephone services (UMTS) communication licenses. These "spectrum auctions" inaugurated yet another era in an industry that has … their spectacular but often puzzling outcomes, these spectrum auctions attracted enormous attention and invited new research …
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