๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Procurement with costly bidding, optimal shortlisting, and rebates

โœ Scribed by Cuihong Fan; Elmar Wolfstetter

Book ID
116421773
Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
165 KB
Volume
98
Category
Article
ISSN
0165-1765

No coin nor oath required. For personal study only.

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โœ Catherine A. Maritan; Robert E. Florence ๐Ÿ“‚ Article ๐Ÿ“… 2008 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 169 KB

## Abstract We explore how firms invest in capabilities by acquiring assets in strategic factor markets. We formalize the problem using an auction model in which heterogeneous firms bid for an asset to investigate relationships among expected returns to the investment, information used to estimate