LICENSE AUCTIONS WHEN WINNING BIDS ARE FINANCED THROUGH DEBT*
نویسندگان
چکیده
منابع مشابه
The Non-existence of Equilibrium in Sequential Auctions When Bids Are Revealed
Sequential auctions of homogeneous objects are common in public and private marketplaces. Weber derived equilibrium results for what is now a classic model of sequential auctions. However, Weber’s results are derived in the context of two particular price quote assumptions. In this paper, we examine a model of sequential auctions based on online auctions, in which, after each auction, all bids ...
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ژورنال
عنوان ژورنال: The Journal of Industrial Economics
سال: 2011
ISSN: 0022-1821
DOI: 10.1111/j.1467-6451.2011.00454.x