Author: Sudip GuptaPublisher:
ISBN:
Category :
Languages : en
Pages : 148
Book Description
Three Essays in Empirical Auctions
Author: Sudip GuptaThree Essays in Empirical Industrial Organization
Author: Matthew ShumThree essays on empirical finance
Author: Tse-Chun LinPublisher: Rozenberg Publishers
ISBN: 9036101514
Category :
Languages : en
Pages : 146
Book Description
Essays in the Empirical Analysis of Auction Markets
Author: Ali HortaçsuSpectrum Auctions and Competition in Telecommunications
Author: Gerhard IllingPublisher: MIT Press
ISBN: 9780262263214
Category : Business & Economics
Languages : en
Pages : 332
Book Description
Leading experts in industrial organization and auction theory examine the recent European telecommunication license auction experience. In 2000 and 2001, several European countries carried out auctions for third generation technologies or universal mobile telephone services (UMTS) communication licenses. These "spectrum auctions" inaugurated yet another era in an industry that has already been transformed by a combination of staggering technological innovation and substantial regulatory change. Because of their spectacular but often puzzling outcomes, these spectrum auctions attracted enormous attention and invited new research on the interplay of auctions, industry dynamics, and regulation. This book collects essays on this topic by leading analysts of telecommunications and the European auction experience, all but one presented at a November 2001 CESifo conference; comments and responses are included as well, to preserve some of the controversy and atmosphere of give-and-take at the conference.The essays show the interconnectedness of two important and productive areas of modern economics, auction theory and industrial organization. Because spectrum auctions are embedded in a dynamic interaction of consumers, firms, legislation, and regulation, a multidimensional approach yields important insights. The first essays discuss strategies of stimulating new competition and the complex interplay of the political process, regulation, and competition. The later essays focus on specific spectrum auctions. Combining the empirical data these auctions provide with recent advances in microeconomic theory, they examine questions of auction design and efficiency and convincingly explain the enormous variation of revenues in different auctions.
Journal of Economic Literature
Author: Three Essays in Intertemporal Choice
Author: John Keith HorowitzPublisher:
ISBN:
Category : Consumer behavior
Languages : en
Pages : 272
Book Description
Best Practices for Online Procurement Auctions
Author: Parente, Diane H.Publisher: IGI Global
ISBN: 1599046385
Category : Education
Languages : en
Pages : 402
Book Description
Offers a systematic approach to the examination of online procurement auctions. Growth in online auctions reinforces the need for understanding the factors important in auctions and the caveats that both researchers and practitioners need to know in order to effectively study and use the auction tool.
Stochastic dominance in portfolio analysis and asset pricing
Author: Andrey M. LizyayevPublisher: Rozenberg Publishers
ISBN: 9036101875
Category :
Languages : en
Pages : 136
Book Description
Auctions
Author: Paul KlempererPublisher: Princeton University Press
ISBN: 0691186294
Category : Business & Economics
Languages : en
Pages : 263
Book Description
Governments use them to sell everything from oilfields to pollution permits, and to privatize companies; consumers rely on them to buy baseball tickets and hotel rooms, and economic theorists employ them to explain booms and busts. Auctions make up many of the world's most important markets; and this book describes how auction theory has also become an invaluable tool for understanding economics. Auctions: Theory and Practice provides a non-technical introduction to auction theory, and emphasises its practical application. Although there are many extremely successful auction markets, there have also been some notable fiascos, and Klemperer provides many examples. He discusses the successes and failures of the one-hundred-billion dollar "third-generation" mobile-phone license auctions; he, jointly with Ken Binmore, designed the first of these. Klemperer also demonstrates the surprising power of auction theory to explain seemingly unconnected issues such as the intensity of different forms of industrial competition, the costs of litigation, and even stock trading 'frenzies' and financial crashes. Engagingly written, the book makes the subject exciting not only to economics students but to anyone interested in auctions and their role in economics.