The American Economic Review, Volume 95American Economic Association, 2005 Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association. |
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... bidder 1's decision assum- ing all other n - 1 bidders are following BSP * . There are already n- -1 bids that are at least 1 . Any attempt by bidder 1 to win two units sets the price w 1. This strategy yields zero profits at best for ...
... bidder 1's decision assum- ing all other n - 1 bidders are following BSP * . There are already n- -1 bids that are at least 1 . Any attempt by bidder 1 to win two units sets the price w 1. This strategy yields zero profits at best for ...
Página 474
the distribution of possible bidder values ; ( b ) BSP has no bidder regret ? in equilibrium ; and ( c ) bidders share the surplus more equally in BSP * We might ask whether BSP * has these same advantages relative to truth telling in ...
the distribution of possible bidder values ; ( b ) BSP has no bidder regret ? in equilibrium ; and ( c ) bidders share the surplus more equally in BSP * We might ask whether BSP * has these same advantages relative to truth telling in ...
Página 475
... bidders are better off under BSP * . In the third case , EWK has at least one bidder submitting a positive second - unit bid , and this bidder ends up win- ning both units . Then efficiency is higher in EWK than in BSP * , but it ...
... bidders are better off under BSP * . In the third case , EWK has at least one bidder submitting a positive second - unit bid , and this bidder ends up win- ning both units . Then efficiency is higher in EWK than in BSP * , but it ...
Índice
Lean Retailing in General Equilibrium | 292 |
How to Protect Future Generations Using TaxBase Restrictions Antonio Rangel | 314 |
A Political Economy Model of Congressional Careers | 347 |
Direitos de autor | |
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