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Within this paper, we aim to investigate asymmetries among bidders in land auctions that may entail non-competitive prices. Using representative data for Eastern Germany including winning bids, bidder characteristics, and land amenities, we pursue a structural approach to derive distributions of...
Persistent link: https://www.econbiz.de/10012012400
The FDIC resolves insolvent banks using an auction process in which bidding is multidimensional and the rule used to … for analyzing auction environments where bids are ranked according to multiple attributes chosen by bidders, but where …
Persistent link: https://www.econbiz.de/10012183580
implementation of the 3 pm local auction for quarters in Germany at the European Power Exchange (EPEX SPOT) in December 2014 to … challenges that are linked with a potential implementation of an intraday auction. …
Persistent link: https://www.econbiz.de/10011421880
outcome of the auction before honest parties and may choose to make the protocol fail without suffering any consequences. In … jointly compute the winner of the auction while preserving the privacy of losing bids and ensuring that cheaters are … protocols guarantee that the winner is determined and the auction payments are completed even if the adversary misbehaves, so …
Persistent link: https://www.econbiz.de/10012440385
In this paper, we test for the existence of a common component in agricultural land auctions in eastern Germany during the price boom 2007-2018 and discuss respective policy implications. Using a large, detailed dataset of auctions, we can rely on professional appraisals of the auctioned good...
Persistent link: https://www.econbiz.de/10012165347
information' assumption. The ad value is characterized by a tractable analytical solution given observed auction parameters. Using … Yahoo! search auction data, we estimate value distributions and study the bidding behavior across product categories. We …
Persistent link: https://www.econbiz.de/10014228566
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of the higher type. We then study an auction platform that matches each seller to two agents, and show that the optimal …
Persistent link: https://www.econbiz.de/10012137080
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