Facilitating Fit Revelation in the Competitive Market
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چکیده
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منابع مشابه
Effects of Information-Revelation Policies Under Market-Structure Uncertainty
Geographically dispersed sellers in electronic reverse-marketplaces such as those hosted by Freemarkets are uncertain about the number of others sellers in any given market session. Over the course of several market sessions, they learn about the competitive structure of their market. How sellers learn to reduce the level of market structure uncertainty, is dependent on the market transparency ...
متن کاملEffect of Information Revelation Policies Under Cost Uncertainty
Electronic reverse-markets such as those hosted by Freemarkets involve geographically dispersed sellers. By the very nature of the market, sellers in any given market-session are uncertain both about the number of opponents they face and their cost-structure. Over the course of several market sessions, sellers can learn about the competitive structure of the market. Their ability to learn i.e.,...
متن کاملEffect of Information Revelation Policies on Cost Structure Uncertainty
Geographically dispersed sellers in electronic reverse-marketplaces such as those hosted by Freemarkets are uncertain both about the number of opponents participating and their coststructure in any given market session. Over the course of several market sessions, they learn about the competitive structure of their market. How sellers learn to reduce the level of uncertainty is dependent on the ...
متن کاملCo-integration Relation for Oil Production in Alternative Hypotheses about OPEC Behavior
This study estimates three hypotheses of OPEC behavior: market-sharing, target revenue and competitive model for the period 1980 to 2000 for all OPEC courtiers except Iraq. To examine co-integration relation for oil production, we use ADF test in OLS estimation. Also we use ARDL approach to examine these hypotheses and the long run relationship of them. Results indicate none of three hypotheses...
متن کاملA Computational Approach to Compare Information Revelation Policies
Revelation policies in an electronic marketplace differ in terms of the level of competitive information disseminated to participating sellers. Since sellers who repeatedly compete against one another learn based on the information revealed and alter their future bidding behavior, revelation policies affect welfare parameters—consumer surplus, producer surplus, and social welfare—of the market....
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عنوان ژورنال:
- Management Science
دوره 59 شماره
صفحات -
تاریخ انتشار 2013