Auction price anomalies : evidence from wool auctions in Australia by Chris Jones
(
Book
)
3
editions published
in
1996
in
English
and held by
12
libraries
worldwide
Embedded incentives in the funding arrangements for residential aged care in Australia by Steven D Hamilton
(
Book
)
2
editions published
in
2010
in
English
and held by
6
libraries
worldwide
An introduction to auction theory by Flavio M Menezes
(
Book
)
2
editions published
between
2004
and
2005
in
English
and held by
5
libraries
worldwide
The practical importance of auction theory is widely recognized. This is an introduction to the basic theory of auction that provided the insights for the design of auctions such as the sale of spectrum for mobiles telecommunications and the sale of former government-owned companies around the globe
A model of seller holdout by Flavio Menezes
(
file
)
1
edition published
in
2002
in
English
and held by
4
libraries
worldwide
Games without rules by Flavio Menezes
(
file
)
1
edition published
in
2002
in
English
and held by
4
libraries
worldwide
Auctions of identical objects with single-unit demands : a survey by Flavio M Menezes
(
Book
)
1
edition published
in
1999
in
English
and held by
2
libraries
worldwide
Synergies and price trends in sequential auctions by Flavio Menezes
(
Book
)
1
edition published
in
1999
in
English
and held by
2
libraries
worldwide
Endogenous mergers under multi-market competition by Tina Kao
(
Computer File
)
2
editions published
between
2008
and
2009
in
English
and held by
2
libraries
worldwide
This paper examines a simple model of strategic interactions among firms that face at least some of the same rivals in two related markets (for goods 1 and 2). It shows that when firms compete in quantity, market prices increase as the degree of multi-market contact increases. However, the welfare consequences of multi-market contact are more complex and depend on how two fundamental forces play out. The first is the selection effect, which acts to increase welfare, as shutting down the relatively more inefficient firm is beneficial. The second opposing effect is the internalisation of the Cournot externality effect; reducing the production of good 2 allows firms to sustain a higher price for good 1. This works to increase prices and, therefore, decrease consumer surplus (but increasing producer surplus). These two effects are influenced by the degree of asymmetry between markets 1 and 2 and the degree of substitutability between goods 1 and 2
Welfare enhancing mergers under product differentiation by Tina Kao
(
Computer File
)
2
editions published
between
2007
and
2009
in
English
and held by
2
libraries
worldwide
This paper considers a model of duopoly with differentiated products to examine the welfare effects of a merger between two asymmetric firms. We find that for quantity competition, the parameter range for welfare enhancing merger widens if the products are closer substitutes. On the other hand, mergers are never welfare enhancing in this setting when firms compete in prices
An empirical investigation of the mergers decision process in Australia by Robert Breunig
(
Computer File
)
2
editions published
in
2008
in
English
and held by
2
libraries
worldwide
"In this paper we examine a database assembled from an Australian public register of 553 merger decisions taken between March 2004 and July 2008. Mergers may be accepted without public assessment, accepted in conjunction with publication of a Public Competition Assessment, or rejected. We estimate an ordered probit model, using these three possible outcomes, with the objective of gaining better insight into the regulator's decision-making process. Our two major findings are: (i) the existence of entry barriers and the existence of undertakings are highly correlated with the regulator's decision to closely scrutinise a merger proposal; and (ii) if we compare two decisions, one which does not mention entry barriers (or import competition) with a decision that does mention entry barriers (or import competition), then the latter is significantly more likely to be opposed than the former"--Abstract
Regulatory behaviour under threat of court reversal by Magnus Soderberg
(
Book
)
1
edition published
in
2012
in
English
and held by
1
library
worldwide
Coasian dynamics in repeated English auctions
(
Computer File
)
1
edition published
in
2007
in
English
and held by
1
library
worldwide
Games without rules
(
Computer File
)
1
edition published
in
2002
in
English
and held by
1
library
worldwide
Price regulation and the cost of capital by Fernando T Camacho
(
Computer File
)
1
edition published
in
2010
in
English
and held by
1
library
worldwide
This paper investigates how price regulation under moral hazard can affect a regulated firm's cost of capital. We consider stylised versions of the two most typical regulatory frameworks that have been applied over the last decades by regulators: Price Cap and Cost of Service. We show that there is a trade-off between lower operational costs and a higher cost of capital under Price Cap regulation and higher operational costs and lower cost of capital under Cost of Service regulation. As a result, when the extent of moral hazard is not significant, Price Cap regulation generates lower welfare than the Cost of Service regulation
Auctions with options to re-auction
(
Computer File
)
1
edition published
in
2002
in
English
and held by
1
library
worldwide
An auction theoretical approach to fiscal wars
(
Computer File
)
1
edition published
in
2001
in
English
and held by
1
library
worldwide
Regulation and the option to delay by Fernando T Camacho
(
Book
)
1
edition published
in
2008
in
English
and held by
1
library
worldwide
Regulation and the option to delay
(
Computer File
)
1
edition published
in
2008
in
English
and held by
1
library
worldwide
Good and bad consistency in regulatory decisions by Flavio Menezes
(
Computer File
)
1
edition published
in
2008
in
English
and held by
1
library
worldwide
Intensity of competition and the number of competitors by Flavio M Menezes
(
Computer File
)
1
edition published
in
2011
in
English
and held by
1
library
worldwide
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