profit of larger firms. We explain these findings by connecting to the theory of optimal auction design …

estimate, as published in the auction catalog …

, facilitating both active and passive experimentation. We document the prevalence of targeted pricing and auction design variation … auction design parameters, and on consumer sensitivity to shipping fees. We argue that leveraging the experiments of market …

Bidders' risk attitudes have key implications for choices of revenue-maximizing auction formats. In ascending auctions … entry costs but contains exogenous variations of potential competition and auction characteristics. In the first scenario … equilibrium entry probabilities vary with observed auction characteristics and potential competition. We also show identification …

leasehold rights be sold at public auction. There are two main types of auction: regular English auction and an unusual type … which we call a "two stage auction". The latter type of auction seems more subject to corruption, and to side deals between … positive selection as city officials divert hotter properties to a more corruptible auction form. The paper finds that, overall …

auctioning and the generation of considerable auction revenue. GDP costs of cap and trade depend critically on how such revenues … 33 percent lower than when all allowances are freely allocated and no auction revenue is generated. On the other hand …, when auction proceeds are returned to the economy in lump-sum fashion (for example, as rebate checks to households), the …

in which wages on each island are determined by a modified auction. Although the efficient solution explains only about …

customer bids, and dealers observing customer bid can predict the auction cutoff price better. Customers also respond …