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empirically, about the properties of charity auctions. The small theoretical literature suggests that the all-pay auction should …Auctions are a popular way to raise money for charities, but relatively little is known, either theoretically or … garner more money than winner-pay auctions. We conduct field experiments to test which sealed bid format, first price, second …
Persistent link: https://www.econbiz.de/10005762357
that never yield an efficient allocation. Moreover, our results extend the efficiency of auction mechanisms to an …
Persistent link: https://www.econbiz.de/10005703500
Germany, we assess the distribution of air pollution and the spatial substitution effects in green versus dirty vehicles. We …
Persistent link: https://www.econbiz.de/10010775119
experiment in which buyers and sellers trade a fictitious good in double auction markets. A per-unit tax is imposed on sellers …
Persistent link: https://www.econbiz.de/10010884352
This paper assesses the effects of changes in scoring weights in auctions, using a unique sample of biddings of private …
Persistent link: https://www.econbiz.de/10010959648
We investigate the emergence of discrimination in an experiment where individuals affiliated to different groups compete for a monetary prize, submitting independent bids to an auctioneer. The auctioneer receives perfect information about the bids (i.e. there is no statistical discrimination),...
Persistent link: https://www.econbiz.de/10009386636
In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...
Persistent link: https://www.econbiz.de/10010812035
We derive a theoretical model of effort in the presence of career concern based on the multi-unit all-pay auction, and …
Persistent link: https://www.econbiz.de/10010812513
. To this purpose, we collect a data set on the Italian municipal governments and all the procurement auctions they … importantly, the winning rebate. Interestingly, we also find that the probability that the same firm is awarded more auctions, or … of favoritism in repeated procurement auctions, where time reveals collusive types, thus increasing the value of illegal …
Persistent link: https://www.econbiz.de/10008506079
. In our environment, sellers achieve this by posting an auction with a reserve price equal to their own valuation, along …
Persistent link: https://www.econbiz.de/10011074814