| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP2524
|
| DP2524 Outward Investment, Employment and Wages in Swedish Multinationals |
| Magnus Blomström; Ari Kokko
|
| 发表日期 | 2000-11-28
|
| 出版年 | 2000
|
| 语种 | 英语
|
| 摘要 | The most important issues in auction design are the traditional concerns of competition policy-preventing collusive, predatory, and entry deterring behaviour. Ascending and uniform-price auctions are particularly vulnerable to these problems (we discuss radiospectrum and football TV-rights auctions, electricity markets, and takeover battles), and the Anglo-Dutch auction ? a hybrid of the sealed-bid and ascending auctions may often perform better. However, everything depends on the details of the context; the circumstances of the recent UK mobile-phone license auction made an ascending format ideal. We also discuss the current 3G spectrum auctions in Germany and the Netherlands. Auction design is a matter of ?horses for courses?, not ?one size fits all?. |
| 主题 | Industrial Organization
; Public Economics
|
| 关键词 | Antitrust
Collusion
Predation
Radiospectrum
Umts
Takeovers
Mechanism design
Bidding
Auction theory
Electricity
|
| URL | https://cepr.org/publications/dp2524
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531667
|
推荐引用方式
GB/T 7714 |
Magnus Blomström,Ari Kokko. DP2524 Outward Investment, Employment and Wages in Swedish Multinationals. 2000.
|
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