at a fixed price before an auction. In the "Buy-It-Now" format, the seller has the bargaining power and offers a price … prior to the auction; whereas in the "Sell-It-Now" format, it is the buyer. Both formats are extensively used in online and … offline markets. Despite very different strategic implications for buyers and sellers, results from our experiment suggest no …

second price auction; and the multiple price list. The payment mechanisms associated with these methods are widely considered …

empirically, about the properties of charity auctions. The small theoretical literature suggests that the all-pay auction should … price or all-pay raises the most money. Our experiment suggests that both the all-pay and second price formats are dominated … by the first price auction. Our design also allows us to identify differential participation as the source of the …

We investigate the emergence of discrimination in an experiment where individuals affiliated to different groups … discrimination. -- discrimination ; tournament ; groups ; experiment …

democracy, subjects first earn their income by trading in a double auction market and thereafter vote on redistributive policies … equilibrium predictions. -- Redistribution ; double auction ; elections ; lobbying …

the effects of governmental support for domestic plants on selection efficiency. -- Auction ; collective tournament …

in predicting whether or not an artwork sells at auction, (3) there is little supporting evidence for the widespread …