-block auction. We base our estimation of bidder values on a pairwise stability condition, which implies that two bidders cannot … approximately satisfied in data that we examine from economic experiments. The lack of post-auction resale also suggests pairwise …

changes make the actions of bidders less visible during the auction and also limit the set of bids which can be submitted by a … bidder during a particular round. Economic theory suggests that tacit collusion may be more difficult as a result. We examine … this proposition using data from 4 auctions: the PCS C Block, Auction 35, the Advanced Wireless Service auction and the 700 …

We explore the implications of ownership concentration for the recently-concluded incentive auction that re …. We show that in the reverse auction, in which TV stations bid to relinquish their licenses, multi-license owners have an …

realizations. We propose a new auction mechanism where the firm that bids the least present value of revenue from tolls (LPVR) wins … LPVR auction for a fixed-term auction are large (e.g. one-third of the cost of the highway) …

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

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

lowers mean borrowing costs by 9-10%. We estimate a structural auction model to measure markups and to illustrate and …

efficiency of both the Generalized Second Price auction (GSP, used by Google and Microsoft-Bing and Yahoo!) and the VCG mechanism … auction both in terms of revenues and efficiency …