extra information about the state. Our findings sharply contrast with past work which shows that in large auctions where …

Overbidding in auctions has been attributed to e.g. risk aversion, loser regret, level-k, and cursedness, relying on … psychological phenomenon that naturally applies to auctions. First, I show that type projection generates the main behavioral … phenomena observed in auctions, including increased sense of competition (\"loser regret\") and broken Bayesian updating …

We study all-pay auctions (or wars of attrition), where the highest bidder wins an object, but all bidders pay their … bids. We consider such auctions when two bidders alternate in raising their bids and where all aspects of the auction are … determining the outcome of the auctions. …

in strategic settings. This article studies the role of anchoring bias in private-value auctions. We test experimentally … biased beliefs. In Dutch auctions, the effect of a starting price, is negative. We demonstrate that the long …

Winners in online auctions frequently fail to complete purchases. Major auction platforms therefore allow "second …

- namely, equilibrium existence in first-price auctions and the revenue dominance of second-price auctions - do not generalize …

comprehensive investigation on the revenue ranking of auctions under general dependence. …