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. In our environment, sellers achieve this by posting an auction with a reserve price equal to their own valuation, along …
Persistent link: https://www.econbiz.de/10010387737
auction used to place ads on Internet search pages, in which each advertiser bids a single price to determine the allocation …
Persistent link: https://www.econbiz.de/10012750314
Shapley Algorithmus ; doppelseitige Auktion ; Arbeitsmarkt ; Matching … dezentrale doppelte Auktion zur Zuordnung von Arbeitsplätzen und Arbeitskräften nach dem Kriterium der Produktivität. -- Gale …
Persistent link: https://www.econbiz.de/10009533828
We study the package assignment model and its consequences for themodel of matching with transfers. We show that on …
Persistent link: https://www.econbiz.de/10013289707
dezentrale doppelte Auktion zur Zuordnung von Arbeitsplätzen und Arbeitskräften nach dem Kriterium der Produktivität. …
Persistent link: https://www.econbiz.de/10010308182
Persistent link: https://www.econbiz.de/10011810724
Shill bidding is a fraudulent in-auction strategy where a seller participates as a bidder in his own auctions. This is …
Persistent link: https://www.econbiz.de/10010373309
auction with an additional buyer is conducted. The theoretical model predicts that with risk neutral agents all sales take … place in the auction rendering the negotiation prior to the auction obsolete. An experimental test of the model provides …
Persistent link: https://www.econbiz.de/10010365906
Auctions often involve goods exhibiting a common knowledge ex-post risk. Precautionary bidding predicts that under expected utility, ex-post risk leads DARA bidders to reduce their bids by more than the appropriate risk premium. Because the degree of riskiness of the good, and bidders risk...
Persistent link: https://www.econbiz.de/10010344662
-cost firm under incomplete information: a separating auction implies adverse selection and relies substantially on commitment to … allocation and transfer rules. A pooling auction serves as a commitment device against ex-post opportunistic behavior and … alleviates adverse selection. It can earn the investor a higher expected payoff than a separating auction, even when consistency …
Persistent link: https://www.econbiz.de/10010496103