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1 - 1 van 1 voor reward auction
auctioning incentive contracts application welfare work programs pdf
... -reward auction the first mechanism is the lowest-reward auction. in this auction, the provider that submits the lowest reward, wins the project. imagine that the winner submitted a reward level ... , the highest-output auction is optimal for constant-reward second-price auction alternatively, the government may use the constant-reward auction. oecd (2001) proposes this auction as an alternative to ...
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