Do Auctions select Efficient Firms?
Abstract
This discussion paper led to a publication in 'The Economic Journal' , 120(549) 1319-44.Download Info
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Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 07-001/1.Length:
Date of creation: 04 Jan 2007
Date of revision:
Handle: RePEc:dgr:uvatin:20070001
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Web page: http://www.tinbergen.nl
Related research
Keywords: Auctions; cost-efficiency; aftermarkets;Other versions of this item:
- Maarten C.W. Janssen & Vladimir A. Karamychev, 2010. "Do auctions select efficient firms?," Economic Journal, Royal Economic Society, vol. 120(549), pages 1319-1344, December.
- D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-01-28 (All new papers)
- NEP-COM-2007-01-28 (Industrial Competition)
- NEP-EFF-2007-01-28 (Efficiency & Productivity)
- NEP-MIC-2007-01-28 (Microeconomics)
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Philippe Jehiel & Benny Moldovanu, 2003. "An economic perspective on auctions," Economic Policy, CEPR & CES & MSH, vol. 18(36), pages 269-308, 04.
- Heidrun C. Hoppe & Philippe Jehiel & Benny Moldovanu, 2006.
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- Jehiel, Philippe & Moldovanu, Benny, 2000. "License Auctions and Market Structure," CEPR Discussion Papers 2530, C.E.P.R. Discussion Papers.
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"Allocative and Informational Externalities in Auctions and Related Mechanisms,"
Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems
142, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Philippe Jehiel & Benny Moldovanu, 2005. "Allocative and Informational Externalities in Auctions and Related Mechanisms," Levine's Bibliography 784828000000000490, UCLA Department of Economics.
- Philippe Jehiel & Benny Moldovanu, 2006. "Allocative and Informational Externalities in Auctions and Related Mechanisms," Levine's Bibliography 122247000000001129, UCLA Department of Economics.
- Jehiel, Philippe & Moldovanu, Benny, 2006. "Allocative and Informational Externalities in Auctions and Related Mechanisms," CEPR Discussion Papers 5558, C.E.P.R. Discussion Papers.
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"How (Not) to Sell Nuclear Weapons,"
American Economic Review,
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- ehiel, Philippe & Benny Moldovanu & Ennio Stacchetti, 1994. "How (not) to sell nuclear weapons," Discussion Paper Serie B 288, University of Bonn, Germany.
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"Strategic Non-Participation,"
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287, University of Bonn, Germany.
- Philippe Jehiel & Benny Moldovanu, 1996. "Strategic Nonparticipation," RAND Journal of Economics, The RAND Corporation, vol. 27(1), pages 84-98, Spring.
- Janssen, Maarten C.W., 2006. "Auctions as coordination devices," European Economic Review, Elsevier, vol. 50(3), pages 517-532, April.
- Lawrence M. Ausubel, 2004. "An Efficient Ascending-Bid Auction for Multiple Objects," American Economic Review, American Economic Association, vol. 94(5), pages 1452-1475, December.
- Jacob K. Goeree, 2000. "Bidding for the Future," Virginia Economics Online Papers 346, University of Virginia, Department of Economics.
- Janssen, Maarten C.W. & Karamychev, Vladimir A., 2007. "Selection effects in auctions for monopoly rights," Journal of Economic Theory, Elsevier, vol. 134(1), pages 576-582, May.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Maarten Janssen & Vladimir Karamychev, 2013. "Gaming in Combinatorial Clock Auctions," Tinbergen Institute Discussion Papers 13-027/VII, Tinbergen Institute.
- Maarten C.W. Janssen & Vladimir A. Karamychev & Emiel Maasland, 2008.
"Simultaneous Pooled Auctions with Multiple Bids and Preference Lists,"
Tinbergen Institute Discussion Papers
08-034/1, Tinbergen Institute.
- Maarten C. W. Janssen & Vladimir A. Karamychev & Emiel Maasland, 2010. "Simultaneous Pooled Auctions with Multiple Bids and Preference Lists," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 166(2), pages 286-298, June.
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