Showing 1 - 10 of 1,483
Persistent link: https://www.econbiz.de/10011455431
We analyse how the market design influences the bidding behaviour in multi-unit auctions, such as wholesale electricity …
Persistent link: https://www.econbiz.de/10011410462
We study experimental multi-unit uniform and discriminatory auctions with demand uncertainty, motivated by the ongoing … debate about market design in the electricity industry. We study the effect of asymmetric demand-information in the two … auction institutions. In our treatment condition some sellers have less information than in our baseline conditions. In both …
Persistent link: https://www.econbiz.de/10014084593
We study experimental multi-unit uniform and discriminatory auctions with demand uncertainty, motivated by the ongoing … debate about market design in the electricity industry. We study the effect of asymmetric demand-information in the two … auction institutions. In our treatment condition some sellers have less information than in our baseline conditions. In both …
Persistent link: https://www.econbiz.de/10014094234
Persistent link: https://www.econbiz.de/10012197555
Persistent link: https://www.econbiz.de/10012131856
Persistent link: https://www.econbiz.de/10012430484
Persistent link: https://www.econbiz.de/10009757125
that a positive reputation of sellers should have an effect on selling prices. Analyzing auctions of popular DVDs at eBay … their auction end at the evening, when many potential buyers may be online. …
Persistent link: https://www.econbiz.de/10010365875
This paper reports on experiments testing the viability of markets for cheap talk information. We find that the poor quality of the information transmitted leads to a collapse of information markets. The reasons for this are surprising given the previous experimental results on cheap-talk games....
Persistent link: https://www.econbiz.de/10011822038