-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 …

The combinatorial clock auction is becoming increasingly popular for large-scale spectrum awards and other uses …, replacing more traditional ascending or clock auctions. We describe some surprising properties of the auction, including a wide … the auction separates allocation and pricing, so that bidders are asked to make decisions that cannot possibly affect …

changes make the actions of bidders less visible during the auction and also limit the set of bids which can be submitted by a … this proposition using data from 4 auctions: the PCS C Block, Auction 35, the Advanced Wireless Service auction and the 700 … Mhz auction. We examine the frequency of jump bids, retaliatory bids and straightforward bids across these auctions. While …

An oil lease auction is the classic example motivating a common values model. However, formal testing for common values … has been hindered by unobserved auction-level heterogeneity, which is likely to affect both participation in an auction …

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 …