fluctuations in prices. In this paper, we examine the dynamic auction design and propose a method to curb price volatility through …

reserve price that would set a minimum price in allowance auctions. Opponents of an auction reserve price in the EU ETS have … expressed concern that a minimum auction price would interfere with economic operations in the market or would be tantamount to … and legal arguments for and against an auction reserve price. Our economic analysis concludes that an auction reserve …

. Employing an order-balanced design, we use first-price auctions (FPAs) to expose participants to an auction format in which …

We study a symmetric private value auction with signaling, in which the auction outcome is used by an outside observer … exists in the second-price auction and the English auction. We establish there is no equivalence between these two auction … clock, affects signaling incentives differently in both auction formats, and thereby also the bidders’ incentives to overbid …

fluctuations in prices. In this paper, we examine the dynamic auction design and propose a method to curb price volatility through …

information’ assumption. The ad value is characterized by a tractable analytical solution given observed auction parameters. Using … Yahoo! search auction data, we estimate value distributions and study the bidding behavior across product categories. We …

Recently, the combinatorial clock auction has become more and more common in the auctioning of telecommunication … licenses. Although the auction design is complex, the promise is that bidding becomes simple - truthtelling is close to optimal …. We show that this claim is too strong. The auction entails several strategic complexities which make bidding non-trivial. …

In this paper, we present theory and global evidence on how mobile internet access affects desire and plans to emigrate …. Our theory predicts that mobile internet access increases desire and plans to emigrate. Our empirical analysis combines …-middle-income countries. In line with our theory, an important mechanism appears to be that access to the mobile internet lowers the cost of …