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 …

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

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 …

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

Internet auctions on eBay and Yahoo allow sellers to list their auctions with a Buy-Now option. In such auctions the … seller sets a buy price at which a bidder may purchase the item immediately and end the auction. In the eBay version of a buy …-now auction, the buy-now option disappears as soon as a bid is placed, while in the Yahoo version the buy-now option remains in …