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Auction design for the allocation of multiple units of a homogenous good: Theoretical background and practical experience

Sunnevåg, Kjell J. - Department of Economics, University of California-Santa … - 2001

Auctions used to allocate multiple units of a homogeneous good account for a large number of transactions in market … a homogenous good. Import quota auctions in Norway represents one notable example of a practical application of this … units of a homogenous good. After some theoretical perspectives on multi-unit ascending auctions, the paper presents some …

Persistent link: https://www.econbiz.de/10011145387

Labour market screening with intermediaries

Schweinzer, Paul - 2006

We consider a Rothschild-Stiglitz-Spence labour market screening model and employ a centralised mechanism to coordinate the efficient matching of workers to firms. This mechanism can be thought of as operated by a recruitment agency, an employment office or head hunter. In a centralised...

Persistent link: https://www.econbiz.de/10010366528

To know or not to know : strategic inattention and endogenous market structure

Cellini, Roberto; Lambertini, Luca; Ottaviano, … - 2015

standard oligopoly; above the higher threshold there is a unique equilibrium in which all firms disregard that impact as in …

Persistent link: https://www.econbiz.de/10011715927

The equilibrium and socially effective number of firms at oligopoly markets : theory and empirics

Filatov, Alexander; Makolskaya, Yana - In: Czech journal of social sciences, business and … 4 (2015) 4, pp. 17-30

Persistent link: https://www.econbiz.de/10011606774

Follow the money

Grotteria, Marco - In: The review of economic studies : RES 91 (2024) 2, pp. 1122-1161

Persistent link: https://www.econbiz.de/10014528678

Imperfect competition, real estate prices and new stylized facts

Kumar, Ronald Ravinesh; Stauvermann, Peter - In: Journal of risk and financial management : JRFM 15 (2022) 3, pp. 1-17

In this paper, we develop an overlapping generation model with imperfect competition and land to provide a theoretical foundation for some empirical observations made since the end of the 1970s. The problem is that these new “stylized facts” do not coincide with Kaldor’s stylized facts and...

Persistent link: https://www.econbiz.de/10013161577

Firm-Level Competition in Price and Variety

Richards, Timothy J.; Patterson, Paul M. - In: Journal of Agricultural and Applied Economics 38 (2006) 03

Consumer product manufacturers often compete in dynamic, multi-firm oligopolies using multiple strategic tools. While existing empirical models of strategic interaction typically consider only parts of the more general problem, this paper presents a more comprehensive alternative. Marketing...

Persistent link: https://www.econbiz.de/10005320806

Firm-Level Competition in Price and Variety

Richards, Timothy J.; Patterson, Paul M. - 2006

Persistent link: https://www.econbiz.de/10009445669

The Models of Strategic Interaction between Network and Generating Companies at Electricity Transmission Market

Vassiliev, M.; Filatov, A. - In: Journal of the New Economic Association (2011) 10, pp. 54-73

The paper considers the strategic interaction between network and generating companies at electricity transmission market within the simplest electric power system with two nodes. The four possible variants of the market organization are investigated: guaranteed regulated and non-regulated...

Persistent link: https://www.econbiz.de/10009195624

Relative performance evaluation and competitive aggressiveness

Feichter, Christoph; Moers, Frank; Timmermans, Oscar - In: Journal of accounting research 60 (2022) 5, pp. 1859-1913

Persistent link: https://www.econbiz.de/10013465584