-block auction. We base our estimation of bidder values on a pairwise stability condition, which implies that two bidders cannot … approximately satisfied in data that we examine from economic experiments. The lack of post-auction resale also suggests pairwise …

changes make the actions of bidders less visible during the auction and also limit the set of bids which can be submitted by a … bidder during a particular round. Economic theory suggests that tacit collusion may be more difficult as a result. We examine … this proposition using data from 4 auctions: the PCS C Block, Auction 35, the Advanced Wireless Service auction and the 700 …

We explore the sensitivity of the U.S. government's ongoing incentive auction to multi-license ownership by … broadcasters. We document significant broadcast TV license purchases by private equity firms prior to the auction and perform a … prospective analysis of the effect of ownership concentration on auction outcomes. We find that multi-license holders are able to …

realizations. We propose a new auction mechanism where the firm that bids the least present value of revenue from tolls (LPVR) wins … LPVR auction for a fixed-term auction are large (e.g. one-third of the cost of the highway) …

passed without a bid. The strategic differences in the auction rules are reflected in the auction data by significantly more … about ending the auction playing an important role …

timber auctions, the Forest Service publicly announces its estimates of the tract characteristics before the auction, and … incorporates both differential information and the fact that bids placed in timber auctions are multidimensional. The theory …

The empirical analysis of auction data has become a thriving field of research over the past thirty years. Relying on …

"per install" basis--plays a major role in the mix and characteristics of auction winners, and, consequently, in their … number of such users. The distortion becomes worse as the auction gets more competitive and the number of bidders increases …