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

In Buy-It-Now auctions, sellers can post a take-it-or-leave-it price offer prior to an auction. While the literature …

auction. We analyse experimentally how eBay sellers set BIN prices and whether they benefit from offering them. Using the real … eBay environment in the laboratory, we find that the eBay auction format supports deviations from truthful bidding leading … to auction prices substantially below those expected in second-price auctions. Our results reveal that the observed price …

The results of an asset market experiment, in which 64 subjects trade two assets oneight markets in a computerized … continuous double auction, indicate that objectivelyirrelevant information influences trading behavior. Moreover, positively and …

We study an in.nitely-repeated .rst-price auction with common values. Initially, bid-ders receive independent private …

We consider a dynamic auction problem motivated by the traditional single-leg, multi-period revenue management problem …

Our study compares individual and team bidding in standard auction formats: first-price, second-price and ascending …-price (English) auctions with independent private values. In a laboratory experiment, we find that individuals overbid more than …