If a government auctions the right to market a good, continuity is likely to be of significant importance. In a …

by now a large literature arguing that auctions with a variety of after-market interactions may not yield an efficient …. We show that auctions with flexible entry fees have a fully revealing equilibrium where bidders signal their type before …

increase in anticipation of auctions of new issues and decrease after the auction, while no or a smaller such effect is present …

lottery ticket.li one license is auctioned, auctions select the firm that is least risk averse.This is what we call the risk …

-010-9196-5">'Theory and Decision'</A>, 2011, 71(2), 269-295.<P> Unique-lowest sealed-bid auctions are auctions in which participation is … endogenous and the winning bid is the lowest bid among all unique bids. Such auctions admit very many Nash equilibria (NEs) in …

Consider a government that auctions a franchise for, e.g., an airport, telecommunication network, or utility. Consider …

We study auctions in which the number of potential bidders is large, such as in Internet auctions. With numerous … Internet auctions. …

This paper develops an economic argument relating auctions to high marketprices. At the core of the argument is the …

This paper investigates regulation by auctions of private supply of congestible infrastructures in two networks … generalised price or number of users leads to the first-best outcome. Moreover, these two auctions are robust: they attain the … structures. On the contrary, the performances (relative to the first-best) of the transfer and capacity auctions strongly depend …