This paper analyzes bidding behavior in a multi period multiple unit auction. While bidders are ex ante symmetric, the …

We consider competitive bidding for a business license, via an open ascending-price auction, between two symmetric …

We consider a model where bidders in an auction own passive partial claims over their rivals’ auction profits. While …-value auction, we find that such cross ownership has an effect similar to reducing the number of bidders while holding constant the … distribution of the highest value in the auction. A similar decrease in competition occurs in independent private-value second …

particular form of corruption on bidding behavior in a single-object, private-value auction with risk-neutral bidders. Bidders … type of collusion between a dishonest rival and the auctioneer. In a first price auction, an honest bidder can become more …

second-price sealed bid auction that lets the insider win only if his bid is above a hurdle price …

valuation as well as noisy signals about her opponent’s private valuation. In such multidimensional private value auction … revenue ranking; while the second price auction is always efficient allocatively, the first price auction may be inefficient … auction. We also illustrate that auction mechanisms provide different incentives for bidders to acquire costly information …

case of simple second-price sequential auction …