How willing are individual primary dealers to alter their offered yields in central bank quantitative easing auctions …) quantitative easing auctions from 2015 to 2021. I find, on average, that an offer by individual dealers to sell an additional one …, I find that marginal yields (yields where supply equals demand) at the auctions are highly, and persistently, correlated …

I analyze sequential auctions with expectations-based loss-averse bidders who have independent private values and unit … regarding the outcome of earlier auctions affect equilibrium bids, and that sequential and simultaneous auctions are neither …

Globally, governments increasingly rely on auctions to advance renewable energy. This paper studies the design of wind … farm auctions and evaluates the impact of price guarantees and subsidies on auction efficiency, government revenue, and …