Results 141 to 150 of about 337,008 (288)
Bid Increments in Second-Price Sealed Bid Auctions [PDF]
This note concerns bidding in a hybrid first-price and second-price auction. The winning bidder sometimes pays his bid and sometimes pays an amount determined by the next highest bid.
Richard Cox
core
Redistribution Through Efficiency: Theory and Evidence from Three Electricity Markets
The RAND Journal of Economics, EarlyView.ABSTRACT Using micro‐data on over 160 million bids to buy and sell from three major electricity markets, we study efficiency improvements resulting from technologies such as storage. Consumer benefits arise not from stabilized prices but from changes in general price levels.
Matti Liski, Iivo Vehviläinen
wiley +1 more source
Enhancing the vase life of cut roses through spectral optimisation during greenhouse cultivation
Annals of Applied Biology, EarlyView.Here, we examined three red‐to‐blue (R:B) light emitting diode (LED) ratios (90:10, 80:20 and 70:30) in two cut rose cultivars. All treatments enhanced photosynthesis, with 90:10 showing the strongest effects—raising chlorophyll, carotenoids, anthocyanins and carbohydrate levels, and extending vase life by up to 30%.
Maryam Davarzani +6 more
wiley +1 more source
Sealed Bid Auctions vs. Ascending Bid Auctions: An Experimental Study [PDF]
This paper considers the sealed bid and ascending auction, which both identifies the minimum Walrasian equilibrium prices and where truthful preference revelation constitutes an equilibrium.
Andersson, Christer +2 more
core
Abacus, EarlyView.Initial public offering (IPO) underpricing, driven by information asymmetry, is a prevalent and serious global phenomenon. In addition to the influence of information providers such as IPO firms, investors’ ability to acquire information may also significantly affect IPO underpricing.
Haipeng Yu +3 more
wiley +1 more source
Meta‐Virtuality: Strategies of Disembeddedness in Virtual Interiorities
Journal of Interior Design, EarlyView., 2022 ABSTRACT To reclaim their seat in the rapidly growing market of virtual space, designers of the built environment can benefit from reevaluating theories that see the virtual as a mere extension/reflection of the physical. By claiming ontological autonomy from external worlds, the virtual is liberated from the hegemonic control of the physical.
Vahid Vahdat
wiley +1 more source
Rational Participation Revolutionizes Auction Theory [PDF]
Potential bidders respond to a seller's choice of auction mechanism for a common-value or affiliated-values asset by endogenous decisions whether to incur a participation cost (and observe a private signal), or forego competing.
Ronald M. Harstad
core
Spatial price competition and buyer power in the U.S. beef packing industry
American Journal of Agricultural Economics, EarlyView.Abstract We develop a spatially‐explicit model of the U.S. beef packing industry to study key questions related to competition in an oligopsony setting. Cattle supplies are modeled at the county level, and packing plants' location, capacity, and ownership are taken as given. Packers procure negotiated cattle by competing in prices in each local (county)
GianCarlo Moschini, T. Jake Smith
wiley +1 more source
Farmers' pro‐social motivations and willingness‐to‐accept in markets with public goods
American Journal of Agricultural Economics, EarlyView.Abstract To explain how some farmers' decisions may diverge from profit‐maximization, we incorporate proactive social preferences for public goods in an expected utility framework, in addition to reactive risk preferences to uncertainty. We offer empirical evidence that proactive preferences influence farmers' decisions alongside reactive preferences ...
Jill Fitzsimmons +2 more
wiley +1 more source