Search, common knowledge, and competition
Article Abstract:
Analysis of effects of uncertainty of variation in search costs incurred by buyers, and common knowledge available to sellers, on seller competition is presented.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2006
Distributors (Commerce)
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2006
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Buy-price English auction
Article Abstract:
The implementation of English auction method for risk aversion and revenue equivalence in social welfare programs is discussed.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2006
Management dynamics, Management, Social service, Company business management, Social welfare, Risk aversion
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2006
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An optimal auction with correlated values and risk aversion
Article Abstract:
The impact of risk aversion of buyers, on optimal auctions, is examined.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2005
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2005
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Subjects list: United States, Analysis, Behavior, Letting of contracts, Competitive bidding, Purchasing agents, Methods, Auctions
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