TITLE

WPS Bidding Process Heats Up

AUTHOR(S)
Felgner, Brent
PUB. DATE
June 2005
SOURCE
Home Textiles Today;6/13/2005, Vol. 26 Issue 39, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article informs that no matter who else might show up at the textile industry firm WestPoint Stevens auction next week, the process will likely be punctuated by bids and overbids contingent on legal issues to be decided in a courtroom at least three days after the fact. That could make the bidding and the result ambiguous, at best, requiring the competitors to engage in a series of "if-then" decisions during the June 21 auction. And that was clearly U.S. Bankruptcy Court Judge Robert Drain's intent when he structured the auction, according to several attorneys involved in the process.
ACCESSION #
17321381

 

Related Articles

  • Strategic Jump Bidding in English Auctions. Avery, Christopher // Review of Economic Studies;Apr98, Vol. 65 Issue 2, p185 

    This paper solves for equilibria of sequential bid (or English) auctions with affiliated values when jump bidding strategies may be employed to intimidate one's opponents. In these equilibria, jump bids serve as correlating devices which select asymmetric bidding functions to be played...

  • The Impact of Capacity Costs on Bidding Strategies in Procurement Auctions. Budde, J�rg; G�x, Robert F. // Review of Accounting Studies;Mar1999, Vol. 4 Issue 1, p5 

    This paper analyzes the impact of capacity costs on bidding strategies of firms participating in procurement auctions. More efficient firms will invest in advance due to their high probability of winning the auction while less efficient bidders prefer to wait with their investments until the...

  • Pricing Rule in a Clock Auction. Cramton, Peter; Sujarittanonta, Pacharasut // Decision Analysis;Mar2010, Vol. 7 Issue 1, p40 

    We analyze a discrete clock auction with lowest-accepted-bid (LAB) pricing and provisional winners, as adopted by India for its 3G spectrum auction. In a perfect Bayesian equilibrium, the provisional winner shades her bid, whereas provisional losers do not. Such differential shading leads to...

  • The Impact of Online Auction Duration. Haruvy, Ernan; Leszczyc, Peter T. L. Popkowski // Decision Analysis;Mar2010, Vol. 7 Issue 1, p99 

    One view regarding auction duration suggests that longer auctions would result in more bidders and more bids, which in turn would result in higher prices. An opposing view is that shorter auctions might appeal to impatient bidders, or alternatively, that shorter duration might lead to more...

  • Chandler autos set auction record: $36 million.  // Automotive News;10/30/2006, Vol. 81 Issue 6227, p54 

    The article focuses on the auction of rare collection of autos and motorcycles of newspaper publisher Otis Chandler, which attracted bids totaling more than $36 million. The largest single bid was $2.6 million for a 1931 Duesenberg J Special Phaeton. In all nine cars were sold for more than $1...

  • The Winner's Curse and Optimal Auction Bidding Strategies. Hahn, Warren J.; Seaman, Samuel L. // Graziadio Business Report;2009, Vol. 12 Issue 2, p1 

    The article offers information on the findings of a simulation that determines ideal strategies in competitive bidding environments. It discusses the two common types of auctions such as the open auction where the bidding price is announced publicly in ascending or descending order and the...

  • An Elementary Introduction to Auctions. Rothkopf, Michael H.; Sunju Park // Interfaces;Nov/Dec2001, Vol. 31 Issue 6, p83 

    An auction designer faces many questions. Among the questions are what precisely is to be sold, who may bid, will there be multiple rounds of bidding, what kinds of payments will be made and which are biddable, how will the bids be compared, how will it be decided if a transaction occurs, how...

  • Was Your Highest Bid Really Needed? Schiff Jr., Jacques C. // U.S. Stamp News;Mar2003, Vol. 9 Issue 3, p18 

    Presents tips on bidding during auctions.

  • Charitable Actions. Nussbaum, Jane // Real Simple;Mar2006, Vol. 7 Issue 2, p175 

    The article presents suggestions for running an effective fund-raiser for one's favorite worthy cause. Silent auction is best for raising money for causes that need ongoing support. Bids, written on a sheet of paper next to each item, are accepted for donated goods and services over a set length...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics