Sequential auctions with synergies: the paradox of positive synergies

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

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

12 Citations (Web of Science)


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

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