EconPapers    
Economics at your fingertips  
 

Jump bidding in ascending auctions: The case of takeover contests

Christian At and Pierre-Henri Morand ()

Economics Letters, 2008, vol. 99, issue 3, 458-460

Abstract: This paper analyses jump bidding in ascending auctions in the case of takeover contests. The free riding condition explains that some jumps can occur driven by the own bidders free-rider condition. We also show that ascending auction can be inefficient.

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165-1765(07)00338-2
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Jump Bidding in Ascending Auctions: the Case of Takeover Contests (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:99:y:2008:i:3:p:458-460

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-05-16
Handle: RePEc:eee:ecolet:v:99:y:2008:i:3:p:458-460