S.R. Johnson
Emil D. Attanasi
1975
<p><span>Public agencies are frequently constrained to procure goods and services in sealed tender </span><span>markets. Pricing decisions of firms participating in such markets have been analyzed for both </span><span>static and dynamic situations. As might be anticipated, the decision rules obtained </span><span>in these analyses depend in an integral way on the firm's perception of the behavior of other </span><span>market participants. It is this aspect of the pricing problem to which our paper is directed. </span></p>
application/pdf
10.2307/1056559
en
Southern Economic Association
Expectations, market structure, and sequential bid pricing
article