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In this paper we present a new improved design for multiobject auctions and report on the results of experimental tests …
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Indian Premier League organized sequential single-item auctions to allocate 77 cricketers to eight teams that participated in …
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In practice, the rules in most open English auctions require participants to raise bids by a sizeable, discrete amount … bidder aggressiveness they will encounter in actual auctions. We also examine how these strategies change with the auction … bidding. Our model examines open English auctions where bidders have independent, private valuations. We find that discrete …
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We study, theoretically and experimentally, sealed-bid first-price auctions with and without package bidding. In the …
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