Record Details

A note on auctions with compulsory partnership

Revista Brasileira de Economia

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Title A note on auctions with compulsory partnership
 
Creator Monteiro, Paulo K.; EPGE-FGV
Araujo, Aloisio; FGV/EPGE
Damé, Otávio; FGV/EPGE
Costellini, Clara; FGV/EPGE
 
Subject pre-salt auction; equilibrium existence
 
Description We study a symmetric, profitt share, common value auction witha twist: One (fixed) Bidder, if not winning the auction, has to entera partnership with the winner, sharing both expenses and revenue atrate (say) 0 < r < 1. We show that it doesn't have an equilibrium inpure strategies.
 
Publisher Escola de Pós-Graduação em Economia da FGV
 
Contributor CNPq
 
Date 2016-12-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Articles
Artigos
 
Format application/pdf
 
Identifier http://bibliotecadigital.fgv.br/ojs/index.php/rbe/article/view/64559
 
Source Revista Brasileira de Economia; v. 70, n. 4 (2016): Out-Dez; 481-486
Revista Brasileira de Economia; v. 70, n. 4 (2016): Out-Dez; 481-486
0034-7140
0034-7140
 
Language eng
 
Relation http://bibliotecadigital.fgv.br/ojs/index.php/rbe/article/view/64559/63367
 
Rights Direitos autorais 2016 Revista Brasileira de Economia