The Value of a Right of First Refusal Clause in a Procurement First-Price Auction
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Keywordsauctions; right of first refusal; risk-aversion;
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
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