quite low, given that nearly each firm has reputation to protect. But why has the vast majority of firms no registered …

quite low, given that nearly each firm has reputation to protect. But why has the vast majority of firms no registered …

cartel. I find that after this date, the two suspected firms i) were more likely to bid in the same auction and ii) submitted … significantly lower bids when they competed in the same auction. A structural model of entry and bidding shows that if the firms had …

in 2013, to be increased to 100 % by 2020. In this paper, we emphasize the importance of a properly chosen auction design … as the significantly higher auction share, compared to the past and current trading phase, is expected to yield a thin … secondary market for CO2 allowances. We elaborate main criteria that a viable auction design is supposed to fulfil and propose a …

with a theorem: that asymmetric price transmission is sustained up to a certain maximum level which might include the …

indices that correctly reflect the true price movements of IT products. This paper assesses the differences between … traditional and quality adjusted indices by providing results for PC hardware. Transaction price data for the period from 1985 to … 1994 are used to construct price indices for personal computers in Germany. The use of hedonic methods allows to correct …