ESSAY CONTESTS
In: Family court review: publ. in assoc. with: Association of Family and Conciliation Courts, Band 32, Heft 2, S. 131-131
ISSN: 1744-1617
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In: Family court review: publ. in assoc. with: Association of Family and Conciliation Courts, Band 32, Heft 2, S. 131-131
ISSN: 1744-1617
In: Family court review: publ. in assoc. with: Association of Family and Conciliation Courts, Band 32, Heft 1, S. 5-5
ISSN: 1744-1617
In: Family court review: publ. in assoc. with: Association of Family and Conciliation Courts, Band 31, Heft 4, S. 395-395
ISSN: 1744-1617
In: Family court review: publ. in assoc. with: Association of Family and Conciliation Courts, Band 31, Heft 3, S. 275-275
ISSN: 1744-1617
In: Family court review: publ. in assoc. with: Association of Family and Conciliation Courts, Band 31, Heft 2, S. 147-147
ISSN: 1744-1617
In: Family court review: publ. in assoc. with: Association of Family and Conciliation Courts, Band 31, Heft 1, S. 3-3
ISSN: 1744-1617
During the recent sales of UMTS licenses in Europe some countries used auctions while others resorted to so-called Beauty Contests. There seems to be a wide consensus among economists that in these and other contexts like privatisation an auction is the better selling mechanism. However, why exactly an auction should be preferred is unclear. Here we present an argument why beauty contests or negotiations might be dominated by auctions, which is closely linked to the multi dimensionality on issues involved in this process. The important assumption we make is that bidding firms do not know the preferences of the government. As a consequence, during a beauty contest participants are uncertain about the final decision of the government. This uncertainty enables firms to collude.
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In: European journal of political economy, Band 46, S. 15-25
ISSN: 1873-5703
In: Oxford review of economic policy, Band 19, Heft 4, S. 612-624
ISSN: 1460-2121
In: Public choice, Band 116, Heft 1, S. 1-18
ISSN: 0048-5829
In: Dialogue: revue de recherches cliniques et sociologiques sur le couple et la famille, Band no 156, Heft 2, S. 5-13