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Bidding Behavior, Seller Strategies, and the Utilization of Information in Auctions for Complex Goods

Ludwig-Maximilians-Universität München
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  • Volkswirtschaftliche Fakultät
  • Economics


Bidding Behavior, Seller Strategies, and the Utilization of Information in Auctions for Complex Goods Bidding Behavior, Seller Strategies, And The Utilization of Information in Auctions For Complex Goods Inaugural-Dissertation zur Erlangung des Grades Doctor oeconomiae publicae (Dr. oec. publ.) an der Ludwig-Maximilians-Universita¨t Mu¨nchen Volkswirtschaftliche Fakulta¨t 2009 vorgelegt von Arno Robin Schmo¨ller Erstgutachter: Prof. Dr. Klaus M. Schmidt Zweitgutachter: Prof. Dr. Martin Kocher Datum der mu¨ndlichen Pru¨fung: 18. Januar 2010 Promotionsabschlussberatung: 10. Februar 2010 To my parents Acknowledgements First and foremost I want to thank my thesis supervisor Klaus M. Schmidt. He was not only most helpful in inspiringly discussing ideas, insightfully commenting early drafts of my papers, and encouraging me, but also willingly wrote numerous reference letters for scholarships and summer schools. I am also deeply indebted to Martin Kocher for agreeing to serve as second supervisor on my committee and for the insightful comments and suggestions he provided on numerous occasions. Ray Rees completes my thesis committee as third examiner, which I gratefully acknowledge, as well as his encouragement, helpful comments, and the numerous reference letters he provided for me. I also want to thank him for always being welcome at his chair during the time of my doctorate. I am particularly grateful to my co-author Florian Englmaier for working as a team in three research projects, which are all part of this thesis. His economic thinking and creativity are outstanding. I am grateful to him for being always available for vivid discussions and insightful comments and for supporting and encouraging me throughout the last four years. During the course of writing this dissertation, I enjoyed inspiring discussions with many people. I have benefited greatly from the professional help and insightful feedback of Philippe Aghion, Davi

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