Showing 1 - 10 of 45,781
As a selling mechanism, auctions have acquired a central position in the free market economy all over the globe. This … development has deepened, broadened, and expanded the theory of auctions in new directions. This chapter is intended as a …
Persistent link: https://www.econbiz.de/10010754090
As a selling mechanism, auctions have acquired a central position in the free market economy all over the globe. This … development has deepened, broadened, and expanded the theory of auctions in new directions. This chapter is intended as a …
Persistent link: https://www.econbiz.de/10014025452
Persistent link: https://www.econbiz.de/10010347867
Persistent link: https://www.econbiz.de/10011498304
Persistent link: https://www.econbiz.de/10010343539
As a selling mechanism, auctions have acquired a central position in the free market economy all over the globe. This … development has deepened, broadened, and expanded the theory of auctions in new directions. This chapter is intended as a …
Persistent link: https://www.econbiz.de/10011255421
This paper solves the equilibrium bid functions of third- and higher-price auctions for a large class of distribution … auctions, equilibrium bids exceed bidders' valuations, and bidders raise their bids when one moves to a higher price auction …
Persistent link: https://www.econbiz.de/10010310759
Dieser Diskussionsbeitrag kommentiert Güths axiomatische Begründung der Zweit-Preis-Auktion. In diesem Zusammenhang wird auch Güths umfangreiche Analyse der Lambda-Auktion durch eine einfache und anschaulich interpretierbare Lösung ersetzt.
Persistent link: https://www.econbiz.de/10010310763
This paper solves the equilibrium bid functions of third- and higher-price auctions for a large class of distribution … auctions, equilibrium bids exceed bidders' valuations, and bidders raise their bids when one moves to a higher price auction …
Persistent link: https://www.econbiz.de/10010956519
Dieser Diskussionsbeitrag kommentiert Güths axiomatische Begründung der Zweit-Preis-Auktion. In diesem Zusammenhang wird auch Güths umfangreiche Analyse der Lambda-Auktion durch eine einfache und anschaulich interpretierbare Lösung ersetzt.
Persistent link: https://www.econbiz.de/10010983668