We study the relative performance of the first-price sealed- bid auction, the second-price sealed-bid auction, and the all-pay sealed-bid auction in a laboratory experiment where bidders can signal…
We analyze the problem of a buyer who purchases a long-term project from one of several suppliers. A changing state of the world influences the costs of the suppliers. We distinguish between complete…
Eine evidenzbasierte STI-Politik (Wissenschaft, Technologie und Innovation) erfordert genaue Indikatoren für Innovationen, um das Wirtschaftswachstum zu fördern. Traditionellen Indikatoren aus Patenten und…
