The Value of a Right of First Refusal Clause in a Procurement First-Price Auction
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- Paul Klemperer, 1999. "Auction Theory: A Guide to the Literature," Microeconomics 9903002, University Library of Munich, Germany.
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Cited by:
- Cohensius Gal & Segev Ella, 2018. "Sequential Bidding in Asymmetric First Price Auctions," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 18(1), pages 1-21, January.
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More about this item
Keywords
auctions; right of first refusal; risk-aversion;All these keywords.
JEL classification:
- 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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