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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| 格式: | Journal article |
| 语言: | English |
| 出版: |
2002
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