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, indigenous populations, and greenhouse gasses emissions have added layers of complexity. Over the last 7 years, auctions for long … part in the process. Auctions have been attracting a broad range of investors, from large established companies to new … overview of the international experience in electricity auctions, focusing on the procurement of long-term electricity …
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Consider a first-price, sealed-bid auction with interdependent valuations and private budget constraints. Focusing on the two-bidder case, we identify new sufficient conditions for the existence of a symmetric equilibrium in pure strategies. In equilibrium, agents may adopt discontinuous bidding...
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