Showing 1 - 10 of 1,168
posted prices. I find that competition among buyers intensifies more in the posted price format than in the auction format …
Persistent link: https://www.econbiz.de/10013307300
examine the effect of increased competition on auction performance: We find that increased competition reduced bidder surplus … aggressive bidding. Counterfactuals establish that as competition increases, concerns regarding auction format play a smaller …
Persistent link: https://www.econbiz.de/10011436067
examine the effect of increased competition on auction performance: We find that increased competition reduced bidder surplus … aggressive bidding. Counterfactuals establish that as competition increases, concerns regarding auction format play a smaller …
Persistent link: https://www.econbiz.de/10011495132
the spot market. -- capacity market ; procurement auction ; electricity market ; competitive equilibrium …
Persistent link: https://www.econbiz.de/10009743582
Perfectly discriminating contests (or all pay auction) are widely used as a model of situations where individuals …
Persistent link: https://www.econbiz.de/10010343949
-price auction. Before the contest, a fixed number of innovators is selected in an entry auction, in order to address the adverse …
Persistent link: https://www.econbiz.de/10014197603
In a lab experiment, we analyze the benefits of increasing competition on auction platforms hosting multiple …
Persistent link: https://www.econbiz.de/10014384448
-unit (pay-as-bid) auctions. I characterize bidding behavior and investigate auction design features that could increase revenues … instead of selling all in one auction …
Persistent link: https://www.econbiz.de/10012898325
We analyze a divisible good uniform‐price auction that features two groups, each with a finite number of identical …
Persistent link: https://www.econbiz.de/10012806389
We estimate the degree of uncertainty faced by potential bidders in takeover auctions and quantify how it affects prices in auctions and negotiations. The high degree of uncertainty revealed by our structural estimation encourages entry in auctions but reduces a target's bargaining power in...
Persistent link: https://www.econbiz.de/10012938019