this question, we consider several possible determinants that may influence the choice of auctions versus negotiations. We … 1995-2000. The analysis suggests a number of possible limitations to the use of auctions. Auctions may perform poorly when … projects are complex, contractual design is incomplete, and there are few available bidders. Furthermore, auctions may stifle …

this question, we offer a framework that compares auctions with negotiations. We then examine a comprehensive data set of … potential limitations to the use of auctions. Auctions perform poorly when projects are complex, contractual design is … incomplete and there are few available bidders. Furthermore, auctions stifle communication between buyers and the sellers …

this question, we offer a framework that compares auctions with negotiations. We then examine a comprehensive data set of … potential limitations to the use of auctions. Auctions perform poorly when projects are complex, contractual design is … incomplete and there are few available bidders. Furthermore, auctions stifle communication between buyers and the sellers …

this question, we offer a framework that compares auctions with negotiations. We then examine a comprehensive data set of … limitations to the use of auctions. Auctions perform poorly when projects are complex and contractual design is incomplete …. Furthermore, auctions stifle communication between buyers and the sellers, preventing the buyer from utilizing the contractor …

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

firms' risk attitudes and the fact that future market prof-its are uncertain so that winning an auction is like winning a … lottery ticket.li one license is auctioned, auctions select the firm that is least risk averse.This is what we call the risk …

The literature on license auctions for process innovations in oligopoly assumed that the auctioneer reveals the winning …, partial, and no disclosure of bids, which correspond to standard auctions. We show that more information disclosure increases …

Inspired by some spectrum auctions, we consider a stylized license auction with incumbents and one entrant. Whereas the … proactively encourages entry and restricts incumbent bidders. In this framework, an English clock auction gives rise to an … auction, an English clock auction with exit option that allows the entrant to annul his bid, and an English clock auction with …