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

that might fail to deliver. The buyer conducts a procurement auction to determine contract suppliers and can choose between … auctions. Academic research on multi-sourcing procurement auction typically analyzes these auctions as stand-alone events. In … contrast, we investigate the influence of the auction design on the post-auction market structure and identify an effect …

auction makes participation observable via an entry fee. With convex signaling concerns, optimal auctions are fully … transparent: every standard auction, which reveals all bids yields maximal revenue. With concave signaling concerns there is no …