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Persistent link: https://www.econbiz.de/10013258610
We consider a private-value auction with one-sided incomplete information in which two objects are sold in a sequence of two second-price auctions. The buyers have multiunit demand and are asymmetrically informed at the ex ante stage of the game. One buyer perfectly knows his type, and the other...
Persistent link: https://www.econbiz.de/10013307739
We consider a departure from net neutrality by an Internet service provider (ISP) that financially discriminates among content providers through exclusive zero-rating contracts. Zero-rating is an instrument to distort competition between content providers and the manner in which consumers value...
Persistent link: https://www.econbiz.de/10013307740
We study the implications of delegating bids to a bidding agency for the revenues and efficiency of the Generalized Second-Price auction, the standard sales mechanism for allocating online ad space. The agency maximizes both its own profits and the advertisers' surplus and implements collusive...
Persistent link: https://www.econbiz.de/10013307805