We consider how information concentration affects a seller’s revenue in common value auctions. The common value is a …

We study two-player common-value all-pay auctions in which the players have ex-ante asymmetric information represented …

We explore the role of capacity constraints in establishing efficient pricing in multi-unit common value auctions in a …

auctions are private- and common-value auctions, and they are on concession contracts which are incomplete contracts prone to … winner’s curse on contract auctions with differing levels of common-value components. Third, we investigate how the winner … concession contract auctions, implying the prevalence of common value components over private value components in such auctions …

the prize has a common-value component, a bidder competing in an ascending auction against an advantaged competitor bids …

. This `common value' information creates a winner's curse during auctions for renewing the concession. The municipality …

Potential bidders respond to a seller's choice of auction mechanism for a common-value or affiliated-values asset by … revenue-inferior for any common-value auction. Characterization of optimal auctions is otherwise contentless, in that any …

Information aggregation, a key concern for uniform-price, common-value auctions with many bidders, has been …