Results 21 to 30 of about 392 (229)
Revenue generation, collection efficiency, and fiscal sustainability: Evidence from a Philippine municipality [PDF]
Public and Municipal FinanceType of the article: Research Article AbstractSustainable local revenue generation is fundamental for fiscal sustainability and effective service delivery within decentralized governance systems.
Glorina C. Damong
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Complements and substitutes in sequential auctions: the case of water auctions [PDF]
The RAND Journal of Economics, 2015 AbstractWe use data on sequential water auctions to estimate demand when units are complements or substitutes. A sequential English auction model determines the estimating structural equations. When units are complements, one bidder wins all units by paying a high price for the first unit, thus deterring others from bidding on subsequent units.
Donna, Javier, Espin-Sanchez, Jose
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Optimal sequential auctions [PDF]
International Journal of Industrial Organization, 2014 Sequential sealed first-price and open descending-price procurement-auctions are studied. We examine which procurement-auction rule achieves the low procurement cost. We show that the answer to this policy question depends on whether the items are complements or substitutes. With substitutes, the first-price procurement-auction is preferred, while with
Mireia Jofre-Bonet, Martin Pesendorfer
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Energy Strategy ReviewsRenewable energy (RE) auctions have emerged as an essential strategy for countries who want to diversify their energy mix due to the climate change challenges.
Dizhou Huang
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Agribusiness, EarlyView.Abstract This study explores the rent price ratio in agricultural land markets, crucial for evaluating market efficiency, policy needs, and farmer decision‐making. Traditionally, the analyses faced challenges due to the absence of concurrent sale and rent data for the same land, potentially leading to biased results.
Marius Michels +4 more
wiley +1 more source
Maximizing Revenue in Sequential Auctions [PDF]
, 2007 We study sequential auctions for private value objects and unit-demand bidders using second-price sealed-bid rules. We analyze this scenario from the seller's perspective and consider several approaches to increasing the total revenue. We derive the equilibrium bidding strategies for each individual auction.We then study the problem of selecting an ...
Elkind, Edith, Fatima, Shaheen
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Agribusiness, EarlyView.ABSTRACT The Cordillera Administrative Region in the Philippines is home to terraced rice embedded in centuries of cultural heritage. However, weak market incentives threaten sustained production, jeopardizing indigenous communities' cultural heritage and the in situ biodiversity of rice genetic resources.
Kofi Britwum, Matty Demont
wiley +1 more source
Agribusiness, EarlyView.ABSTRACT Market‐based solutions are increasingly tested to address aflatoxin issues in peanuts in developing countries. Although previous studies have found that Haitian grocery store shoppers are willing to pay a 21% premium for peanut butter with levels of aflatoxin that meet international standards, no information is available for the much larger ...
Phendy Jacques +2 more
wiley +1 more source
Return and Volatility Spillovers Among Major Cotton Markets
Agribusiness, EarlyView.ABSTRACT This study explores return and volatility transmission among major cotton markets. Several events have disrupted cotton supply and demand in recent years, leading to heightened price volatility and significant shifts in market interconnections.
Susmitha Kalli +3 more
wiley +1 more source
Trading pattern synchronization in multi-asset market
International Review of Economics & FinanceThis paper presents a market microstructure model to explain how traders’ strategic behavior interacts with asymmetric market closures in sequential auctions. The spikes in intraday trading volume and return volatility emerge simultaneously in all traded
Chanho Yee
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