a series of auctions to elicit consumers' valuations for the product. The primary decision making problem the firm faces … is when to stop holding auctions, where a limited number of units can be sold, and turn to a traditional sales campaign …

Simultaneous ascending auctions present agents with various strategic problems, depending on preference structure. As … long as bids represent non-repudiable offers, submitting noncontingent bids to separate auctions entails an exposure …

Auctions are an ancient economic institution. Since Vickrey (1961), the development of auction theory has lead to an … explaining their enduring popularity. Given the pervasiveness of auctions, the question of how a seller should engineer the rules …

sealed-bid and clock auctions. We find that the efficient bid levels in the sealed-bid second-price auction may be non … upcoming 3G spectrum auction, rather than the seemingly superior HRB auction. Chapter 3: Discrete Clock Auctions: An … Experimental Study We analyze the implications of different pricing rules in discrete clock auctions. The two most common pricing …

The present paper tests the empirical link between a firm's financial structure and its entry decision in the US … airport-pair, on the other hand, low cost carriers only decrease the probability of new entry at a marginally significance … level. The finding that air carriers generally respond to financial distress by decreasing the probability of entry is …

of financial development on the entry of new firms and the expansion of successful new businesses. Drawing from … entry of small firms and in sectors that are more dependent upon external finance. This finding is robust to controlling for … other potential entry barriers (labour market regulations and entry regulations). On the other hand, financial development …

We test the effect of entry on the tariff choices of incumbent cellularfirms. We relate the change in the breadth of … personal communicationsservices (PCS) firms. Entry by PCS competitors differed acrossgeographic markets due to the number of … licenses left undeveloped as aresult of the bankruptcy of some of the auctions’ winning biddersand due to variation across …

, rarely have economistsbeen able to examine how competition changes with the threat of entry.This paper uses the evolution of … adjusts its entry strategy when facing the threat ofadditional entrants. We identify the potential nth entrant into a … such a market ismore likely to accommodate more than n firms in the long run. Takingaccount of endogeneity of entry into …