A Note on Auctions with Compulsory Partnership

Detalhes bibliográficos
Autor(a) principal: Monteiro,Paulo K.
Data de Publicação: 2016
Outros Autores: Araujo,Aloisio, Costellini,Clara, Damé,Otávio
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista Brasileira de Economia (Online)
Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402016000400481
Resumo: We study a symmetric, profit share, common value auction with a twist: One (fixed) Bidder, if not winning the auction, has to enter a partnership with the winner, sharing both expenses and revenue at rate (say) 0 < λ < 1. We show that it doesn't have an equilibrium in pure-strategies.
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spelling A Note on Auctions with Compulsory PartnershipPre-Salt AuctionProduction ShareEquilibrium ExistenceWe study a symmetric, profit share, common value auction with a twist: One (fixed) Bidder, if not winning the auction, has to enter a partnership with the winner, sharing both expenses and revenue at rate (say) 0 < λ < 1. We show that it doesn't have an equilibrium in pure-strategies.Fundação Getúlio Vargas2016-12-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402016000400481Revista Brasileira de Economia v.70 n.4 2016reponame:Revista Brasileira de Economia (Online)instname:Fundação Getulio Vargas (FGV)instacron:FGV10.5935/0034-7140.20160025info:eu-repo/semantics/openAccessMonteiro,Paulo K.Araujo,AloisioCostellini,ClaraDamé,Otávioeng2017-01-12T00:00:00Zoai:scielo:S0034-71402016000400481Revistahttp://bibliotecadigital.fgv.br/ojs/index.php/rbe/issue/archivehttps://old.scielo.br/oai/scielo-oai.php||rbe@fgv.br1806-91340034-7140opendoar:2017-01-12T00:00Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV)false
dc.title.none.fl_str_mv A Note on Auctions with Compulsory Partnership
title A Note on Auctions with Compulsory Partnership
spellingShingle A Note on Auctions with Compulsory Partnership
Monteiro,Paulo K.
Pre-Salt Auction
Production Share
Equilibrium Existence
title_short A Note on Auctions with Compulsory Partnership
title_full A Note on Auctions with Compulsory Partnership
title_fullStr A Note on Auctions with Compulsory Partnership
title_full_unstemmed A Note on Auctions with Compulsory Partnership
title_sort A Note on Auctions with Compulsory Partnership
author Monteiro,Paulo K.
author_facet Monteiro,Paulo K.
Araujo,Aloisio
Costellini,Clara
Damé,Otávio
author_role author
author2 Araujo,Aloisio
Costellini,Clara
Damé,Otávio
author2_role author
author
author
dc.contributor.author.fl_str_mv Monteiro,Paulo K.
Araujo,Aloisio
Costellini,Clara
Damé,Otávio
dc.subject.por.fl_str_mv Pre-Salt Auction
Production Share
Equilibrium Existence
topic Pre-Salt Auction
Production Share
Equilibrium Existence
description We study a symmetric, profit share, common value auction with a twist: One (fixed) Bidder, if not winning the auction, has to enter a partnership with the winner, sharing both expenses and revenue at rate (say) 0 < λ < 1. We show that it doesn't have an equilibrium in pure-strategies.
publishDate 2016
dc.date.none.fl_str_mv 2016-12-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402016000400481
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402016000400481
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.5935/0034-7140.20160025
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv text/html
dc.publisher.none.fl_str_mv Fundação Getúlio Vargas
publisher.none.fl_str_mv Fundação Getúlio Vargas
dc.source.none.fl_str_mv Revista Brasileira de Economia v.70 n.4 2016
reponame:Revista Brasileira de Economia (Online)
instname:Fundação Getulio Vargas (FGV)
instacron:FGV
instname_str Fundação Getulio Vargas (FGV)
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reponame_str Revista Brasileira de Economia (Online)
collection Revista Brasileira de Economia (Online)
repository.name.fl_str_mv Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV)
repository.mail.fl_str_mv ||rbe@fgv.br
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