/multi-unit auctions provides guidance on the design of the auction format, setting the reservation price, the rationing rule, and …

, even if they have lots of bidders but with low power-generating capacity for contracting. For practical auction design, we … electricity demand, to meet supply adequacy problems. In this paper, we analyze what it requires to have a competitive auction … found that encouraging more bidders' entry in the auction results in lower expected prices than increasing existing bidders …

This paper develops a model that formalizes several connections between mergers, collusion and competition policy. In … equilibrium, firms may merge to make collusion sustainable when it cannot be sustained with the original set of firms. A rise in … the probability of detecting and prosecuting collusion could induce a wave of mergers, so firms can sustain collusion …

of a multi-object auction. After the auction either all bids or only the prices to be paid are revealed to all firms … bidders' costs generally depends on the type and fierceness of the market competition, the specific auction format, and the …

of a multi-object auction. After the auction either all bids or only the prices to be paid are revealed to all firms … bidders' costs generally depends on the type and fierceness of the market competition, the specific auction format, and the …