What Really Matters in Auction Design.
The most important issues in auction design are the traditional concerns of competition policy-preventing collusive, predatory, and entry deterring behaviour. Ascending and uniform-price auctions are particularly vulnerable to these problems (we discuss radiospectrum and football TV-rights auctions,...
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Médium: | Working paper |
Jazyk: | English |
Vydáno: |
CEPR
2000
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