Competition in Bidding Markets:
The OECD Competition Committee debated competition in bidding markets in October 2006. Competition authorities become interested in auctions by a number of routes. In competition advocacy, they may advise other parts of government on how to design auctions in order to improve their efficiency-the de...
Gespeichert in:
Format: | Elektronisch Buchkapitel |
---|---|
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2010
|
Schlagworte: | |
Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
Zusammenfassung: | The OECD Competition Committee debated competition in bidding markets in October 2006. Competition authorities become interested in auctions by a number of routes. In competition advocacy, they may advise other parts of government on how to design auctions in order to improve their efficiency-the degree of competition. They may evaluate mergers and agreements between firms that operate in auction markets. And they may be concerned with collusion and abuse of a dominant position in auctions. Because their formal rules reduce "noise" and make communication among rivals easier, auctions can promote collusion, compared with ordinary "posted-price" markets. But an auction can be designed to reduce collusion or concerted practices or to promote participation. Thus, the design of an auction can be the object of lobbying pressure. Auctioneers can also behave strategically, choosing auction formats or practices that favour competition. Two fundamental prescriptions for effective auction design follow from the theoretical literature: Induce bidders to truthfully reveal their valuations by making what they pay not depend entirely on what they bid, and maximize the information available to each participant before he bids |
Beschreibung: | 1 Online-Ressource (83 Seiten) 19 x 27cm |
DOI: | 10.1787/clp-10-5kmhbhp8sgs6 |
Internformat
MARC
LEADER | 00000nma a2200000zc 4500 | ||
---|---|---|---|
001 | BV047938386 | ||
003 | DE-604 | ||
005 | 00000000000000.0 | ||
007 | cr|uuu---uuuuu | ||
008 | 220413s2010 |||| o||u| ||||||eng d | ||
024 | 7 | |a 10.1787/clp-10-5kmhbhp8sgs6 |2 doi | |
035 | |a (ZDB-13-SOC)061314471 | ||
035 | |a (OCoLC)961386245 | ||
035 | |a (DE-599)BVBBV047938386 | ||
040 | |a DE-604 |b ger |e aacr | ||
041 | 0 | |a eng | |
049 | |a DE-384 |a DE-91 |a DE-473 |a DE-824 |a DE-29 |a DE-739 |a DE-355 |a DE-20 |a DE-1028 |a DE-1049 |a DE-188 |a DE-521 |a DE-861 |a DE-898 |a DE-92 |a DE-573 |a DE-19 | ||
245 | 1 | 0 | |a Competition in Bidding Markets |c Organisation for Economic Co-operation and Development |
264 | 1 | |a Paris |b OECD Publishing |c 2010 | |
300 | |a 1 Online-Ressource (83 Seiten) |c 19 x 27cm | ||
336 | |b txt |2 rdacontent | ||
337 | |b c |2 rdamedia | ||
338 | |b cr |2 rdacarrier | ||
520 | |a The OECD Competition Committee debated competition in bidding markets in October 2006. Competition authorities become interested in auctions by a number of routes. In competition advocacy, they may advise other parts of government on how to design auctions in order to improve their efficiency-the degree of competition. They may evaluate mergers and agreements between firms that operate in auction markets. And they may be concerned with collusion and abuse of a dominant position in auctions. Because their formal rules reduce "noise" and make communication among rivals easier, auctions can promote collusion, compared with ordinary "posted-price" markets. But an auction can be designed to reduce collusion or concerted practices or to promote participation. Thus, the design of an auction can be the object of lobbying pressure. Auctioneers can also behave strategically, choosing auction formats or practices that favour competition. Two fundamental prescriptions for effective auction design follow from the theoretical literature: Induce bidders to truthfully reveal their valuations by making what they pay not depend entirely on what they bid, and maximize the information available to each participant before he bids | ||
650 | 4 | |a Governance | |
650 | 4 | |a Taxation | |
650 | 4 | |a Trade | |
856 | 4 | 0 | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
912 | |a ZDB-13-SOC | ||
999 | |a oai:aleph.bib-bvb.de:BVB01-033319880 | ||
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l UBA01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l UBG01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l UEI01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l UER01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l UPA01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l UBR01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l UBW01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l FFW01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l FNU01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l EUV01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l FRO01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l FHR01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l FHN01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l TUM01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l FHI01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |l UBM01 |p ZDB-13-SOC |x Verlag |3 Volltext |
Datensatz im Suchindex
_version_ | 1804183582316429312 |
---|---|
adam_txt | |
any_adam_object | |
any_adam_object_boolean | |
building | Verbundindex |
bvnumber | BV047938386 |
collection | ZDB-13-SOC |
ctrlnum | (ZDB-13-SOC)061314471 (OCoLC)961386245 (DE-599)BVBBV047938386 |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
doi_str_mv | 10.1787/clp-10-5kmhbhp8sgs6 |
format | Electronic Book Chapter |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>03896nma a2200517zc 4500</leader><controlfield tag="001">BV047938386</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220413s2010 |||| o||u| ||||||eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-13-SOC)061314471</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)961386245</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047938386</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-384</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-1028</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-188</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-861</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Competition in Bidding Markets</subfield><subfield code="c">Organisation for Economic Co-operation and Development</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2010</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (83 Seiten)</subfield><subfield code="c">19 x 27cm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">The OECD Competition Committee debated competition in bidding markets in October 2006. Competition authorities become interested in auctions by a number of routes. In competition advocacy, they may advise other parts of government on how to design auctions in order to improve their efficiency-the degree of competition. They may evaluate mergers and agreements between firms that operate in auction markets. And they may be concerned with collusion and abuse of a dominant position in auctions. Because their formal rules reduce "noise" and make communication among rivals easier, auctions can promote collusion, compared with ordinary "posted-price" markets. But an auction can be designed to reduce collusion or concerted practices or to promote participation. Thus, the design of an auction can be the object of lobbying pressure. Auctioneers can also behave strategically, choosing auction formats or practices that favour competition. Two fundamental prescriptions for effective auction design follow from the theoretical literature: Induce bidders to truthfully reveal their valuations by making what they pay not depend entirely on what they bid, and maximize the information available to each participant before he bids</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Governance</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Taxation</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Trade</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033319880</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">UBA01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">UBG01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">UEI01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">UER01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">UPA01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">UBR01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">UBW01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">FFW01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">FNU01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">EUV01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">FRO01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">FHR01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">FHN01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">TUM01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">FHI01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/clp-10-5kmhbhp8sgs6</subfield><subfield code="l">UBM01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
id | DE-604.BV047938386 |
illustrated | Not Illustrated |
index_date | 2024-07-03T19:35:08Z |
indexdate | 2024-07-10T09:25:44Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033319880 |
oclc_num | 961386245 |
open_access_boolean | |
owner | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
owner_facet | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
physical | 1 Online-Ressource (83 Seiten) 19 x 27cm |
psigel | ZDB-13-SOC |
publishDate | 2010 |
publishDateSearch | 2010 |
publishDateSort | 2010 |
publisher | OECD Publishing |
record_format | marc |
spelling | Competition in Bidding Markets Organisation for Economic Co-operation and Development Paris OECD Publishing 2010 1 Online-Ressource (83 Seiten) 19 x 27cm txt rdacontent c rdamedia cr rdacarrier The OECD Competition Committee debated competition in bidding markets in October 2006. Competition authorities become interested in auctions by a number of routes. In competition advocacy, they may advise other parts of government on how to design auctions in order to improve their efficiency-the degree of competition. They may evaluate mergers and agreements between firms that operate in auction markets. And they may be concerned with collusion and abuse of a dominant position in auctions. Because their formal rules reduce "noise" and make communication among rivals easier, auctions can promote collusion, compared with ordinary "posted-price" markets. But an auction can be designed to reduce collusion or concerted practices or to promote participation. Thus, the design of an auction can be the object of lobbying pressure. Auctioneers can also behave strategically, choosing auction formats or practices that favour competition. Two fundamental prescriptions for effective auction design follow from the theoretical literature: Induce bidders to truthfully reveal their valuations by making what they pay not depend entirely on what they bid, and maximize the information available to each participant before he bids Governance Taxation Trade https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Competition in Bidding Markets Governance Taxation Trade |
title | Competition in Bidding Markets |
title_auth | Competition in Bidding Markets |
title_exact_search | Competition in Bidding Markets |
title_exact_search_txtP | Competition in Bidding Markets |
title_full | Competition in Bidding Markets Organisation for Economic Co-operation and Development |
title_fullStr | Competition in Bidding Markets Organisation for Economic Co-operation and Development |
title_full_unstemmed | Competition in Bidding Markets Organisation for Economic Co-operation and Development |
title_short | Competition in Bidding Markets |
title_sort | competition in bidding markets |
topic | Governance Taxation Trade |
topic_facet | Governance Taxation Trade |
url | https://doi.org/10.1787/clp-10-5kmhbhp8sgs6 |