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Browsing ECO Working Papers by Subject "D44"
Now showing items 1-2 of 2
Title:Revenue Comparison in Asymmetric Auctions with Discrete Valuations
Author(s):DONI, Nicola; MENICUCCI, DomenicoDate:2011-01-01Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We consider an asymmetric auction setting with two bidders such that the valuation of each bidder has a binary support. We prove that in this context the second price auction yields a higher expected revenue than the first ...
Title:Does Publicity Affect Competition? Evidence from Discontinuities in Public Procurement Auctions
Author(s):COVIELLO, Decio; MARINIELLO, MarioDate:2008Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Calls for tenders are the natural devices to inform bidders, thus to
enlarge the pool of potential participants. We exploit discontinuities
generated by the Italian Law on tender's publicity to identify the
effect of ...