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the spot market. -- capacity market ; procurement auction ; electricity market ; competitive equilibrium …
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conference. The essays show the interconnectedness of two important and productive areas of modern economics, auction theory and … analysts of telecommunications and the European auction experience, all but one presented at a November 2001 CESifo conference … spectrum auctions. Combining the empirical data these auctions provide with recent advances in microeconomic theory, they …
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We study monopoly and duopoly pricing in a two-sided market with dispersed information about users' preferences. We first show how the dispersion of information introduces idiosyncratic uncertainty about participation rates and how the latter shapes the elasticity of the demands and thereby the...
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