Why Do Sellers (Usually) Prefer Auctions?

Why Do Sellers (Usually) Prefer Auctions?

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We compare the most common methods for selling a company or other asset when participation is costly: a simple simultaneous auction, and a sequential process in which potential buyers decide in turn whether or not to enter the bidding. The sequential process is always more efficient. But pre-emptive...

書誌詳細
主要な著者:	Bulow, J, Klemperer, P
フォーマット:	Journal article
言語:	English
出版事項:	American Economic Association 2009

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