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Title of Journal: Economic Theory

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Abbravation: Economic Theory

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Springer-Verlag

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10.1016/0360-1285(78)90004-7

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1432-0479

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Fixedprize tournaments versus firstprice auction

Authors: Anja Schöttner
Publish Date: 2007/01/31
Volume: 35, Issue: 1, Pages: 57-71
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Abstract

This paper analyzes a procurement setting with identical firms and stochastic innovations In contrast to the previous literature I show that a procurer who cannot charge entry fees may prefer a fixedprize tournament to a firstprice auction The reason is that holding an auction may leave higher rents to firms when the innovation technology is subject to large random factors

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  2. Weighted approval voting
  3. A note on values for Markovian coalition processes
  4. The optimal harvesting problem with a land market: a characterization of the asymptotic convergence
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  9. Competitive screening in insurance markets with endogenous wealth heterogeneity
  10. Codes of Best Practice in competitive markets for managers
  11. Exact relations between Luenberger productivity indicators and Malmquist productivity indexes
  12. Carbon leakages: a general equilibrium view
  13. On the (non-)lattice structure of the equilibrium set in games with strategic substitutes
  14. Trade liberalization and aftermarket services for imports
  15. Passive learning: a critique by example
  16. Sequential two-prize contests
  17. Equivalence between graph-based and sequence-based extensive form games
  18. Ordinal dominance and risk aversion
  19. Asymmetric first-price auctions with uniform distributions: analytic solutions to the general case
  20. Using oriented volume to prove Sperner’s lemma
  21. Using oriented volume to prove Sperner’s lemma
  22. Taxes versus quantities for a stock pollutant with endogenous abatement costs and asymmetric information
  23. Capital growth in a global warming model: will China and India sign a climate treaty?
  24. Noncooperative games, coupling constraints, and partial efficiency
  25. Equilibrium dynamics in discrete-time endogenous growth models with social constant returns
  26. Egalitarian division under Leontief Preferences
  27. Probabilistic social preference: how Machina’s Mom randomizes her choice
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