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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Bibliographic Details
Main Author: Klemperer, P
Format: Working paper
Language:English
Published: CEPR 2000