The effect of collusion on efficiency in experimental auctions
CN Noussair, G Seres - Games and Economic Behavior, 2020 - Elsevier
This paper examines the effect of collusion on allocative efficiency in a second-price sealed-
bid auction, in which bidders' valuations have both private and common value components …
bid auction, in which bidders' valuations have both private and common value components …
On efficient partnership dissolution under ex post individual rationality
S Galavotti, N Muto, D Oyama - Economic Theory, 2011 - Springer
This paper studies ex post individually rational, efficient partnership dissolution in a setting
with interdependent valuations. We derive a sufficient condition that ensures the existence of …
with interdependent valuations. We derive a sufficient condition that ensures the existence of …
Speculative partnership dissolution with auctions
The literature on partnership dissolution generally takes the dissolution decision as given
and examines whether the outcome is efficient. A well-known result is that k+ 1 k+ 1-price …
and examines whether the outcome is efficient. A well-known result is that k+ 1 k+ 1-price …
When partner knows best: asymmetric expertise in partnerships
A Francetich - International Journal of Game Theory, 2023 - Springer
This paper analyzes the problem of a principal (she) designing a contract for an agent (he)
to form a short-lived partnership to exploit an asset before reselling, as in asset flipping. The …
to form a short-lived partnership to exploit an asset before reselling, as in asset flipping. The …
The “Italian Football Federation Auction” for Co-ownership Resolution
N Dimitri - Review of Industrial Organization, 2021 - Springer
The paper is inspired by the Italian Football Federation (FIGC) Auction. The auction was
used by the FIGC from the 1950s until 2015 to resolve a 50% co-ownership between two …
used by the FIGC from the 1950s until 2015 to resolve a 50% co-ownership between two …