Why Do Sellers (Usually) Prefer Auctions?

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...

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Κύριοι συγγραφείς: Bulow, J, Klemperer, P
Μορφή: Journal article
Γλώσσα:English
Έκδοση: American Economic Association 2009
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Why do Sellers (Usually) Prefer Auctions? ανά Klemperer, P, Bulow

Έκδοση 2009
Journal article