This article studies the design of optimal mechanisms to regulate entry in natural oligopoly markets, assuming the … that these mechanisms generally avoid budget deficits and prevent excessive entry. …

This article studies the design of optimal mechanisms to regulate entry in natural oligopoly markets, assuming the … that these mechanisms generally avoid budget deficits and prevent excessive entry. …

This article studies the design of optimal mechanisms to regulate entry in natural oligopoly markets, assuming the … that these mechanisms generally avoid budget deficits and prevent excessive entry. …

This article studies the design of optimal mechanisms to regulate entry in natural oligopoly markets, assuming the … that these mechanisms generally avoid budget deficits and prevent excessive entry. …

, predatory, and entry deterring behaviour. Ascending and uniform-price auctions are particularly vulnerable to these problems (we … discuss radiospectrum and football TV-rights auctions, electricity markets, and takeover battles), and the Anglo-Dutch auction … – a hybrid of the sealed-bid and ascending auctions may often perform better. However, everything depends on the details …

divestitures. The Dutch government has doneexactly that, organizing auctions to redistribute tenancy rights for highway …