November 14, 2017 - François Maréchal (Univ. Franche-Comte)

The Impact of a Right of First Refusal Clause in a First-Price Auction with Unknown Heterogeneous Risk-Aversion  Abstract: We consider that a seller wishes to sell an asset by means of a first-price auction to two potential buyers. One of them ma be granted a Right of First Refusal (ROFR) clause which gives him the opportunity […]

October 19, 2017 - International Conference on the Chinese Economy

Clermont-Ferrand The CERDI-IDREC organizes an international conference on Chinese economy every two years. The conference attracts participants worldwide to address major economic issues and challenges that China and the world are currently facing. The overall theme is The "new normal growth" and the future of China’s economy. The conference will be held on 19-20 October […]