Common value auctions with independent types

D44, Common values, Standard auctions, Rent extraction,

Managing knowledge and managing knowledge work: what we know and what the future holds

In this paper we review the recent IS literature on knowledge and consider different assumptions that underpin different approaches to this broad research area. In doing this we contrast those who focus on knowledge management with those who focus on knowing as practice and examine how contexts, processes and purposes need to be considered whichever approach to knowledge one is adopting. We also identify how recent IT developments, especially in relation to social software and the digitization of everything, are presenting new opportunities (and challenges) for how organizations can manage both knowledge and knowledge work. This presents IS scholars with new research agendas for examining and understanding the relationships between technology, organization and society

Contests with an unknown number of contestants

This paper studies rent-seeking contests where the contestants do not know the number of actively competing contestants. Two models are compared. In the first, all players are risk neutral; in the second, all have constant absolute risk aversion. If the expected fraction of active contestants is low, an increase in the number of potential contestants increases individual rent-seeking efforts. This effect is in contrast to the complete information case where individual rent-seeking efforts decrease in the number of contestants. The effect is more likely under risk neutrality, but also possible under risk aversion. Equilibrium rent seeking efforts are lower under risk aversion if and only if the expected fraction of active contestants is low. Copyright Springer Science+Business Media, B.V. 2006Contest, Rent-seeking, Number uncertainty, Risk aversion,

A choice of auction format in seller cheating: a signaling game analysis

Auction, Cheating, Signaling game, C72, D44, D82,

Collusive Communication and Pricing Coordination in a Retail Gasoline Market

Collusion, Communication, Price cycle, War of attrition, Pricing coordination,