The American Economic Review, Volume 86American Economic Association., 1996 Includes papers and proceedings of the annual meeting of the American Economic Association. Covers all areas of economic research. |
No interior do livro
Resultados 1-3 de 75
Página 183
... revenue from the .4 buyers who actually purchase than if she only charges .5 , so there is no direct dominance . Similarly , if a price of .4 is chosen the seller earns less from the first .5 customers , but there is that extra revenue ...
... revenue from the .4 buyers who actually purchase than if she only charges .5 , so there is no direct dominance . Similarly , if a price of .4 is chosen the seller earns less from the first .5 customers , but there is that extra revenue ...
Página 449
... revenue changes in all five cases . Thus , for inexperienced bidders , in all cases there is less of a revenue increase than the theory pre- dicts , and in 4 out of 5 cases average revenue is actually lower under English compared to ...
... revenue changes in all five cases . Thus , for inexperienced bidders , in all cases there is less of a revenue increase than the theory pre- dicts , and in 4 out of 5 cases average revenue is actually lower under English compared to ...
Página 450
... revenue : English less first - price First - price English Actual Theoretical Difference Actual Theoretical Actual ... revenue is higher in the English auc- tions for both values of e , with a statistically significant increase ( at the ...
... revenue : English less first - price First - price English Actual Theoretical Difference Actual Theoretical Actual ... revenue is higher in the English auc- tions for both values of e , with a statistically significant increase ( at the ...
Outras edições - Ver tudo
Palavras e frases frequentes
aggregate American Economic Review analysis assets assume assumption at-will auction average bargaining behavior bidders buyer buyout capital changes coefficient Common Value Auctions competition composite commodity consumption contract correlation debt default demand denote drilling effect efficient employees English auctions equation equilibrium estimated expected firm firm's function given growth health insurance households implies income increase industry innovation investment Journal of Economics labor lease Lemma loan marginal cost ment monetary mortgage Nash equilibrium neoclassical nomic offer optimal outcome output paper parameter percent period predicted preferences profits Proposition ratio regression relative revenue risk risk aversion Section seller senators share signal social standard standard errors statistics strategy structure symmetric equilibrium Table Theorem theory tion tracts trade units University utility variables Veblen effects voters voting wage winner's curse workers zero