Arbeitspapier
A Sealed-Bid Auction that Matches the English Auction
This paper analyzes a two-stage sealed-bid auction that is frequently employed in privatization, takeover, and merger and acquisition contests. This auction format yields the same expected revenue as the open ascending (English) auction, yet is less susceptible to preemptive bidding and collusion.
- Language
-
Englisch
- Bibliographic citation
-
Series: CESifo Working Paper ; No. 249
- Classification
-
Wirtschaft
Auctions
- Subject
-
Auctions
- Event
-
Geistige Schöpfung
- (who)
-
Perry, Motty
Wolfstetter, Elmar G.
Zamir, Shmuel
- Event
-
Veröffentlichung
- (who)
-
Center for Economic Studies and ifo Institute (CESifo)
- (where)
-
Munich
- (when)
-
2000
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Perry, Motty
- Wolfstetter, Elmar G.
- Zamir, Shmuel
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2000
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