revenue in case of trade. As an application we investigate the choice between posted prices and auctions and demonstrate that … strategy to estimate revenues of posted prices and auctions that takes selling probabilities explicitly into account, and …

revenue in case of trade. As an application we investigate the choice between posted prices and auctions and demonstrate that … strategy to estimate revenues of posted prices and auctions that takes selling probabilities explicitly into account, and …

revenue in case of trade. As an application we investigate the choice between posted prices and auctions and demonstrate that … technique to compare the selling probabilities and revenues of posted prices and auctions and confirm our theoretical …

revenue in case of trade. As an application we investigate the choice between posted prices and auctions and demonstrate that … technique to compare the selling probabilities and revenues of posted prices and auctions and confirm our theoretical …

behavior in an environment with repeated auctions, pivotal suppliers and inelastic demand. The price increase can be traced … back to an abuse of the auction’s pay-as-bid mechanism by the two largest firms. In contrast to theoretical findings, we … show that pay-as-bid auctions do not necessarily reduce incentives for strategic capacity withholding and collusive …

lottery ticket.li one license is auctioned, auctions select the firm that is least risk averse.This is what we call the risk …

behavior in an environment with repeated auctions, pivotal suppliers and inelastic demand. The price increase can be traced … show that pay-as-bid auctions do not necessarily reduce incentives for strategic capacity withholding and collusive …

of merging with a takeover target. Two auction rules are considered: standard first-price and profit-share auctions …