Search Results - subject:"Right of first refusal"

By object or by effect? The collusive potential of first refusal contracts

Van Cayseele, Patrick; Bovin, Andreas - 2022

buyer, a right of first refusal on the output of another party, the seller. When two parties enter into this type of …

Persistent link: https://www.econbiz.de/10014545986

By object or by effect? : the collusive potential of first refusal contracts

Van Cayseele, Patrick; Bovin, Andreas - 2022

buyer, a right of first refusal on the output of another party, the seller. When two parties enter into this type of …

Persistent link: https://www.econbiz.de/10013489682

On the price effect of a right of first refusal in farmland auctions : Vortrag anlässlich der 61. Jahrestagung der GEWISOLA

Isenhardt, Lars; Seifert, Stefan; Hüttel, Silke - 2021

Persistent link: https://www.econbiz.de/10013383357

Impacts of "Right of First Refusal" on Competitiveness of Fed Cattle Markets: Results from an Economic Experiment

Koontz, Stephen R. - Agricultural and Applied Economics Association - AAEA - 2012

Persistent link: https://www.econbiz.de/10010881144

The Value of a Right of First Refusal Clause in a Procurement First-Price Auction

Brisset, Karine; Cochard, François; Maréchal, François - Centre de Recherche sur les Stratégies Économiques … - 2012

buyer has an incentive to grant a supplier a right of first refusal. We show that this clause can lower the buyer’s expected … incumbent’s expected utility is higher when he is granted a right of first refusal than when he competes under a first …

Persistent link: https://www.econbiz.de/10010856005

If You are Offered the Right of First Refusal, Should You Accept? An Investigation of Contract Design

Grosskopf, Brit; Roth, Alvin E. - 2009

this latter form of right of first refusal can have on the outcome of negotiation. Counterintuitively, this “right” of … first refusal can be disadvantageous to its holder. This suggests that applied contract design may benefit from the same …

Persistent link: https://www.econbiz.de/10009431973

Simultaneous vs. Sequential Price Competition with Incomplete Information

Arozamena, Leandro; Weinschelbaum, erico - Departamento de Economía, Universidad Torcuato Di Tella - 2008

one bidder a right of first refusal if moves are sequential. We show that the first mover can be more or less aggressive …

Persistent link: https://www.econbiz.de/10004987160

Repeated Auctions with the Right of First Refusal

Chouinard, Hayley; Yoder, Jonathan - School of Economic Sciences, Washington State University - 2006

This paper characterizes a set of Nash equilibria in a first-price sealed-bid repeated auction with the right of first … refusal using two bidders and asymmetric information regarding the bidders' value distributions. When contract value is …

Persistent link: https://www.econbiz.de/10005727814

Bid rigging : an analysis of corruption in auctions

Lengwiler, Yvan; Wolfstetter, Elmar - 2005

In many auctions, the auctioneer is an agent of the seller. This invites corruption. We propose a model of corruption in which the auctioneer orchestrates bid rigging by inviting a bidder to either lower or raise his bid, whichever is more profitable. We characterize equilibrium bidding in...

Persistent link: https://www.econbiz.de/10010261291

Bid Rigging. An Analysis of Corruption in Auctions

Lengwiler, Yvan; Wolfstetter, Elmar G. - 2005

Persistent link: https://www.econbiz.de/10010333974