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In verteilten Rechensystemen (bspw. im Cluster und Grid Computing) kann eine Knappheit der zur Verfügung stehenden Ressourcen auftreten. Hier haben Marktmechanismen das Potenzial, Ressourcenbedarf und -angebot durch geeignete Anreizmechanismen zu koordinieren und somit die ökonomische...
Persistent link: https://www.econbiz.de/10009434657
CommunicationsCommission spectrum license auctions in the early nineties and continues to this day.In a setting in which goods are not …
Persistent link: https://www.econbiz.de/10009465017
This dissertation, which consists of three essays, studies online auctions boththeoretically and empirically.The first … essay studies a special online auction format used by eBay, “Buy-It-Now” (BIN) auctions, in which bidders are allowed to buy … explain the high frequency of bidders accepting BIN price, and may alsohelp explain the popularity of temporary BIN auctions …
Persistent link: https://www.econbiz.de/10009465115
In common-value auctions and contests economic agents often havevarying levels of information regarding the value of … informationin first-price, sealed-bid, common-value auctions. Bidders who observe a private signal tend to overbid relative to Nash … asymmetric information in one-shot common-valueall-pay auctions and lottery contests from both experimental and …
Persistent link: https://www.econbiz.de/10009465240
discussion about the obtained results at the end. The first part provides a literature review on auctions and analyzes bidders …' behavior in Austrian cattle auctions. The aim is to investigate whether there are differences among bidders and whether bidders …
Persistent link: https://www.econbiz.de/10009467021
While there is an ever increasing adoption of e-sourcing, where a buyer auctions off procurement contracts to a small …, focusing on recurring auctions, we find that suppliers bid adaptively. The adaptive bidding is affected by the rank of … auctions, while non-incumbent winner's quality is lower. These findings imply that the main value of online procurement …
Persistent link: https://www.econbiz.de/10009475951
(Roscas) in an agricultural south-Indian village are used for an analysis of Rosca auctions. We develop a simple SIPV Rosca …-auction model. We show that, in contrast to standard SIPV English auctions, bidders overbid relative to their maximum willingness to …
Persistent link: https://www.econbiz.de/10009476244
Auctions are an ancient economic institution. Since Vickrey (1961), the development of auction theory has lead to an … explaining their enduring popularity. Given the pervasiveness of auctions, the question of how a seller should engineer the rules …
Persistent link: https://www.econbiz.de/10009480046
This dissertation examines two problems that may arise in matching problems.The first two chapters deal with auctions … inlabor markets.Auctions can lead to efficient allocations in a wide class of assignment problems.In the presence of …
Persistent link: https://www.econbiz.de/10009450582
sealed-bid and clock auctions. We find that the efficient bid levels in the sealed-bid second-price auction may be non … upcoming 3G spectrum auction, rather than the seemingly superior HRB auction. Chapter 3: Discrete Clock Auctions: An … Experimental Study We analyze the implications of different pricing rules in discrete clock auctions. The two most common pricing …
Persistent link: https://www.econbiz.de/10009450772