Auctions can maximise the value of a resource. Resource owners – often governments – need good auction design and buyers need the right strategy to get the best deal.
We work with both bidders and vendors and know that economics is the foundation of auction design. The balance between bidding mechanisms, incentives, pay-offs and bidder strategy sets prices and returns. Understanding how these interact, in theory and practice, means vendors can make sure they get a market return from their asset and that bidders get value for money.
Our auction design team work closely with sector practices to help clients design and bid in auctions. We use game theory, competitor analysis and financial modelling to advise on design, strategy and pricing in all auctions types and markets.