What Really Matters in Auction Design
2002 ◽
Vol 16
(1)
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pp. 169-189
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Keyword(s):
The most important issues in auction design are the traditional concerns of competition policy-preventing collusive, predatory, and entry-deterring behavior. Ascending and uniform-price auctions are particularly vulnerable to these problems. The Anglo-Dutch auctiona hybrid of the sealed-bid and ascending auctions-may perform better. Effective antitrust is also critical. Notable fiascoes in auctioning mobile-phone licenses, television franchises, companies, eletricty, etc., and especially the European “third-generation” (UMTS) spectrum auctions, show that everything depends on the details of the context. Auction design is not “one size fits all.”
2008 ◽
Vol 98
(1)
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pp. 496-518
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Keyword(s):
2003 ◽
Vol 51
(7)
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pp. 1452-1461
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2013 ◽
Vol 5
(1)
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pp. 100-146
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Keyword(s):
2006 ◽
Vol 32
(5)
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pp. 656-675
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Keyword(s):
2021 ◽
2018 ◽
pp. 33-40
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Keyword(s):