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 behavior. Ascending and uniform-price auctions are particularly vulnerable to these problems. The Anglo-Dutch auction--a hybrid of the sealed-bid and a...

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Autor principal: Klemperer, P
Formato: Journal article
Lenguaje:English
Publicado: 2002