auctions with an efficient reserve price but charge an entry fee. The entry fee depends on the number of buyers and sellers …

In many auctions, a good match between the bidder and seller raises the value of the contract for both parties although …

prices associated with separate purchase. (Pure) bundling is more likely to be selected as a procurement strategy when: (i …

The outcome of non-binding reverse auctions critically depends on how information is distributed during the bidding … process. We use data from a large European procurement platform to study the impact of different information structures … that on the procurement platform considered bidders indeed are aware of their rivals' characteristics and the buyers …

As a selling mechanism, auctions have acquired a central position in the free market economy all over the globe. This … development has deepened, broadened, and expanded the theory of auctions in new directions. This chapter is intended as a …