Markets and Allotments: Bundling or Unbundling?

Mercados y parcelación: ¿agrupación o división?

Olivier Compte, Laurent Lamy and Laurent Emmanuel
Additional contact information
Olivier Compte: PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique
Laurent Emmanuel: Ministère de l'économie et des finances

PSE-Ecole d'économie de Paris (Postprint) from HAL

Abstract: We consider the issue of allotment design: goods are divisible and may be cut into various possibly heterogeneous lots. We investigate conditions under which it is preferable from the seller's perspective to create two or more lots out of an initial one, or to group various initial lots into a single one. We identify two effects. De-grouping always increases efficiency of the final allocation. Nevertheless, it modifies asymmetries across bidders, and this may possibly end up hurting the seller. We examine the applications to procurement for cash flow management services, and to auctions for commercial links or space on internet.

Keywords: Market; Unbundling; Group; Mercado; Grupo; Desagregación; Marché; Groupement; Dégroupement (search for similar items in EconPapers)
Date: 2017-04
References: Add references at CitEc
Citations:

Published in Revue Economique, 2017, 68 (2), pp.141-162. ⟨10.3917/reco.pr2.0075⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Markets and Allotments: Bundling or Unbundling? (2017)
Working Paper: Markets and Allotments: Bundling or Unbundling ? (2017)
Working Paper: Markets and Allotments: Bundling or Unbundling ? (2017)
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:hal:pseptp:halshs-01509658

DOI: 10.3917/reco.pr2.0075

Access Statistics for this paper

More papers in PSE-Ecole d'économie de Paris (Postprint) from HAL
Bibliographic data for series maintained by Caroline Bauer ().