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Orangia highways (B) / Péter Esö, Peter Klibanoff, Karl Schmedders, Graeme Hunter.

By: Contributor(s): Material type: TextSeries: Publisher: London : Kellogg School of Management, 2006Description: 1 online resourceContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781526449672 (ebook) :
Subject(s): DDC classification:
  • 625.7
Online resources: In part B of this case students focus on procurement auctions from the bidders' point of view and are asked to develop the optimal bidding strategy in a first-price auction for a risk-neutral bidder and calculate the value of knowing the number of one's opponents.
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Originally published in Esö, P., Klibanoff, P., Schmedders, K., & Hunter, G. (2006). Orangia highways (B). 5-106-007(B). Evanston, IL: Kellogg School of Management at Northwestern University.

In part B of this case students focus on procurement auctions from the bidders' point of view and are asked to develop the optimal bidding strategy in a first-price auction for a risk-neutral bidder and calculate the value of knowing the number of one's opponents.

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