Jean-Marie, Alain; Marchetti, Nicolas; Tidball, Mabel - Centre Interuniversitaire de Recherche en Analyse des … - 2004
Two auctions have been proposed in the literature for siting noxious facilities: the high-bid and the low-bid auctions. In this paper, we pursue the analysis of these auctions made by O'Sullivan [1993], where he concludes that the high-bid auction has the edge over the low-bid auction. We point...
