Showing 1 - 10 of 10
This paper considers the optimality of setting a secret reserve price in ascending auctions. Contrary to intuition, an ascending auction is no longer equivalent to a second price auction when the reserve price is secret. We determine the seller's optimal reserve price policy when the bidders'...
Persistent link: https://www.econbiz.de/10014589077
In this paper, we run a laboratory experiment to compare two mechanisms in a procurement setting: Right-of-First-Refusal (ROFR) where the incumbent supplier is granted a privileged position versus standard First-Price-Auction (FPA). To this end, we have subjects compete against a computerized...
Persistent link: https://www.econbiz.de/10011241940
[fre] Face au développement du commerce électronique, cet article étudie le fonctionnement des enchères sur internet dans le cadre du commerce entre entreprises (B2B), entre particuliers (C2C) et entre entreprises et particuliers (B2C). Il met en évidence les particu- larités de ces...
Persistent link: https://www.econbiz.de/10011147162
Persistent link: https://www.econbiz.de/10005809114
This paper considers the optimality of setting a secret reserve price in ascending auctions. Contrary to intuition, an ascending auction is no longer equivalent to a second price auction when the reserve price is secret. We determine the seller's optimal reserve price policy when the bidders'...
Persistent link: https://www.econbiz.de/10005178529
[fre] L'objet de cet article est d'étudier dans un premier temps les facteurs qui facilitent ou favorisent la formation des ententes horizontales entre entreprises participant à des appels d'offres privés et publics. L'article compare ainsi les différentes procédures concurrentielles de...
Persistent link: https://www.econbiz.de/10008613785
Persistent link: https://www.econbiz.de/10014384022
Persistent link: https://www.econbiz.de/10003338275
Persistent link: https://www.econbiz.de/10011485044
Persistent link: https://www.econbiz.de/10012593899