This paper studies endogenous entry and ex ante revenue-maximizing auctions in an independent private value setting …

Coexistence of identity-specific and financial externalities among bidders is a salient feature of auctions with buyers …

This paper extends the pre-bid R&D and auctions design literature to an independent private value setting where each …

This paper first derives revenue-maximizing auctions with identity-specific externalities among all players (seller and … studies revenue-maximizing auctions with financial externalities. One-to-one correspondences between revenue …-maximizing auctions for settings with and without financial externalities are established through incorporating externality …

Estimating bidders’ risk aversion in auctions is a challeging problem because of identification issues. This paper … nonparametric estimator. An application to the US Forest Service timber auctions is proposed. Estimated utility functions display …