Essays about: "Sealed-bid auctions"

Found 5 essays containing the words Sealed-bid auctions.

1. 1. Spectrum auctions in Sweden : A theoretical study of spectrum auctions in Sweden

   University essay from Mälardalens högskola/Akademin för ekonomi, samhälle och teknik

   Author : Gustaf Smedman; Timo Kervinen; [2020]
   Keywords : Vickrey; CCA; SMRA; Radio spectrums; Single object Auction; Multiple object Auction; Price discovery; Truthful bidding; Collusive behaviour;

   Abstract : This paper seeks to find whether the spectrum auctions in Sweden have been conducted efficiently and if there is a de facto model that suits all auctions. The efficiency is conditions that emphasise truthful bidding, price discovery and limits collusive behaviour. READ MORE

3. 2. Bid Forecasting in Public Procurement

   University essay from KTH/Skolan för industriell teknik och management (ITM)

   Author : Karim Stiti; Shih Jung Yape; [2019]
   Keywords : Bidding in public procurement; Count data regression; Economically most advantageous tenders; Lowest price tenders; Machine learning; Multiple linear regression; Nonparametric bootstrap; Position performance coefficient; Sealed-bid auctions; Stochastic dominance; Support vector regression.; Budgivningsmodeller I offentliga upphandlingar; Ekonomiskt mest fördelaktiga anbud; Förseglade auktioner; Lägsta-pris anbud; Maskininlärning; Multipel linjär regression.;

   Abstract : Public procurement amounts to a significant part of Sweden's GDP. Nevertheless, it is an overlooked sector characterized by low digitization and inefficient competition where bids are not submitted based on proper mathematical tools. READ MORE

4. 3. Stock Market Consolidation with Investor Heterogeneity

   University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Author : Oscar Anderson; Ingvar Max Ziemann; [2017]
   Keywords : Stock Markets; Asymmetric Information; Game Theory; Auction Theory;

   Abstract : We investigate the impact on different types of investors of market consolidation and fragmentation, thought of as the number of objects listed on a stock exchange. We find that, at high levels of fragmentation, there are benefits to consolidation for buyers, as less information for a buyer's competitor enables him to make positive profits. READ MORE

5. 4. Computer Science Optimization Of Reverse auction : Reverse Auction

   University essay from Linnéuniversitetet/Institutionen för datavetenskap (DV)

   Author : Athmar Mubark; [2017]
   Keywords : Reverse Auction; Electronic Auction; E-auction; E-procurement; Online Auction; Buyer; Seller; Purchaser; Bidding; Reverse English auction Reverse Dutch auction; Reverse Yankee Auction; Reverse Japanese Auction; Reverse Sealed bid auction; Reverse Vickrey Auction;

   Abstract : Many people still confused and misunderstand the differences between auction types: In fact, we have only two major types of auctions which are the forward auction and Reverse auction[22]. In a forward auction a single seller offers an item for sale with many competitive buyers driving the price upward: In a Reverse Auction, a single buyer wants to purchase a service or an item from many sellers, they drive the price downward: There are many differences between these type of auction: Including the progress of the auctions; winner selection criterion and other factors: The Reverse Auction nowadays is one of the most preferred types of online auctions: It gains popularity rapidly because of representing the buyers' side and helps him to drive prices down in contrary with the forward auction or traditional auction. READ MORE

6. 5. Deregulation of railways : An analysis of the procurement auctions in Jönköpings Län

   University essay from IHH, Nationalekonomi

   Author : Peter Andersson; [2006]
   Keywords : Deregulation; Procurement auctions; Winner s curse;

   Abstract : Railways have played an important role for the Swedish economy throughout the 20th into the 21st century since it provides good connections between urban and rural regions and also within them. However, it has been very costly for the state to run this activity and a significant effort to reduce costs and to increase the efficiency for this sector was to introduce procurement auctions where also private firms are invited to lay bids. READ MORE