| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5078133 | International Journal of Industrial Organization | 2013 | 10 Pages |
Abstract
⺠I survey papers on auctions with contingent payments, such as oil lease auctions. ⺠My benchmark model is based on DeMarzo, Kremer and Skrzypacz (2005). ⺠I describe a partial ranking of auction revenues for different contracts. ⺠Extensions include adverse selection, moral hazard, and common values.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Andrzej Skrzypacz,