Sequential auctions with synergies: the paradox of positive synergies

K. Leufkens, R.J.A.P. Peeters, A.J. Vermeulen

Research output: Contribution to journalArticleAcademicpeer-review


We show that synergies enhance bidding competition to such an extent that they are a curse rather than a blessing for the bidders.
Original languageEnglish
Pages (from-to)139-141
Number of pages3
JournalEconomics Letters
Issue number3
Publication statusPublished - 1 Jan 2010

Cite this