| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4119 |
| DP4119 Is Economic Activity in the G7 Synchronized? Common Shocks versus Spillover Effects | |
| Alain Monfort; Giovanni Vitale; Rasmus Rüffer; Jean-Paul Renne | |
| 发表日期 | 2003-11-23 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | We study auctions where bidders have private information about their entry costs and the seller does not benefit from these entry costs. We consider a symmetric environment where all bidders have the same value for the object being sold, and also an asymmetric environment where bidders may have different valuations for the object. In these environments, the seller?s pay-off as well as the social surplus may either increase or decrease in the number of bidders though not necessarily in the same direction. The auction designs that maximize the social surplus or the seller?s pay-off are analysed. |
| 主题 | Industrial Organization |
| 关键词 | Symmetric auctions Asymmetric auctions Entry costs |
| URL | https://cepr.org/publications/dp4119 |
| 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/533094 |
| 推荐引用方式 GB/T 7714 | Alain Monfort,Giovanni Vitale,Rasmus Rüffer,et al. DP4119 Is Economic Activity in the G7 Synchronized? Common Shocks versus Spillover Effects. 2003. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
