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  1. Silent interests and all-pay auctions
    Published: 23 Mar. 2005
    Publisher:  Freie Univ., Fachbereich Wirtschaftswiss., Berlin

    If firms compete in all-pay auctions with complete information, silent shareholdings introduce asymmetric externalities into the allpay auction framework. If the strongest firm owns a large share in the second strongest firm, this may make the... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    No inter-library loan

     

    If firms compete in all-pay auctions with complete information, silent shareholdings introduce asymmetric externalities into the allpay auction framework. If the strongest firm owns a large share in the second strongest firm, this may make the strongest firm abstain from bidding. As a consequence, equilibrium profits of both firms may increase, but the prize may be allocated less efficiently. The reverse ownership structure is also likely to increase the profits of the firms involved in the ownership relationship but without these negative efficiency effects.

     

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    Content information
    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 3938369078
    RVK Categories: QB 910
    Series: Array ; 2005,08
    Subjects: Auktionstheorie; Wettbewerb; Stille Gesellschaft; Eigentümerstruktur; Effizienz; Theorie
    Scope: Online-Ressource, 25 p., text
  2. Silent interests and all-pay auctions
    Published: 2005
    Publisher:  WZB, Berlin

    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
    Zsn 58547-2005,10
    Unlimited inter-library loan, copies and loan
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 179 (2005.10)
    Unlimited inter-library loan, copies and loan
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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Book
    Format: Print
    Series: Discussion papers / WZB, Forschungsschwerpunkt Markt und Politische Ökonomie, Abteilung Marktprozesse und Steuerung ; 2005-10
    Subjects: Auktionstheorie; Wettbewerb; Stille Gesellschaft; Eigentümerstruktur; Effizienz; Theorie
    Scope: III, 24 S, graph. Darst
    Notes:

    Zsfassung in dt. Sprache. - Literaturverz. S. 23 - 24

  3. Silent interests and all-pay auctions/ Kai A. Konrad
    Published: May 2005
    Publisher:  CESifo, München

    firms compete in all-pay auctions with complete information, silent shareholdings introduce asymmetric externalities into the all-pay auction framework. If the strongest firm owns a large share in the second strongest firm, this may make the... more

    Staats- und Universitätsbibliothek Bremen
    No inter-library loan
    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    No inter-library loan
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    No inter-library loan

     

    firms compete in all-pay auctions with complete information, silent shareholdings introduce asymmetric externalities into the all-pay auction framework. If the strongest firm owns a large share in the second strongest firm, this may make the strongest firm abstain from bidding. As a consequence, equilibrium profits of both firms may increase, but the prize may be allocated less efficiently. The reverse ownership structure is also likely to increase the profits of the firms involved in the ownership relationship but without these negative efficiency effects.

     

    Export to reference management software   RIS file
      BibTeX file
    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; 1473
    Subjects: Auktionstheorie; Wettbewerb; Stille Gesellschaft; Eigentümerstruktur; Effizienz; Theorie
    Scope: Online-Ressource, 24 p. = 286 KB, text
  4. Silent interests and all-pay auctions
    Published: 2005
    Publisher:  WZB, Berlin

    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Unlimited inter-library loan, copies and loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Book
    Format: Print
    Series: Discussion papers / WZB, Forschungsschwerpunkt Markt und Politische Ökonomie, Abteilung Marktprozesse und Steuerung ; 2005-10
    Subjects: Auktionstheorie; Wettbewerb; Stille Gesellschaft; Eigentümerstruktur; Effizienz; Theorie
    Scope: III, 24 S, graph. Darst
    Notes:

    Zsfassung in dt. Sprache. - Literaturverz. S. 23 - 24