private and common valuations as special cases. We show that the key determinant of bidders' surplus (and implicitly auction … format of the auction matters. If bidders have constant marginal utilities for objects up to some limit, then uniform price …

the auction format as revenue equivalence cannot be expected to hold. From a theoretical viewpoint, Myerson's (1981 … more practical solution to the seller's problem is suggested by the "Amsterdam auction," where a premium is offered to … encourage weak bidders to compete aggressively. This auction format, which has been used to sell houses in Amsterdam for …

This paper considers bidding automata programmed by experienced subjects in sequential first price sealed bid auction …

Consider an auction in which $k$ identical objects are sold to $n>k$ bidders who each have a value for one object which … not prohibitively high, then the equilibrium price in a uniform price auction will not aggregate private information, in …

We analyze a repeated first-price auction in which the types of the players are determined before the first round. It … fictitious play learning scheme, then for sufficiently large time, the players' bids are in equilibrium in the one-shot auction …

for the good being provided to the group. We investigate an auction mechanism where the auctioneer provides the good to …

asset that is too large or too risky for a single individual or financial institution so that an auction method is not … and a SS is provided. The difference between an auction scheme and a subscription scheme is discussed. …

We investigate the outcome of an auction where the auctioneer approaches one of the two existing bidders and offers an … arrangements, corruption affects both bidding behavior, efficiency and the seller's expected revenue in a first-price auction. …