haku: @author Das Varma, G. / yhteensä: 1
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Tekijä: | Das Varma, G. |
Otsikko: | Bidding for a process innovation under alternative modes of competition |
Lehti: | International Journal of Industrial Organization
2003 : JAN, VOL. 21:1, p. 15-37 |
Asiasana: | Bidding Oligopoly Auctions Efficiency |
Kieli: | eng |
Tiivistelmä: | The authgor examines whether a first-price, sealed-bid auction is efficient in allocating a process innovation amongst oligopolists engaged in either Cournot or Bertrand competition. Standard bidding behaviour is modified by the incentive to signal private information in order to influence the oligopoly outcome. |
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