to reduce emissions of greenhouse gases. We focus on the impacts on industry profits and overall economic output … 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 …

abandoned them. The common explanations given for the lack of popularity of the auction method in the US, viz., issuer …

.S. Forest Service timber auctions, we document a set of systematic effects of auction format: sealed bid auctions attract more … value auction model with endogenous participation can account for these qualitative effects of auction format. We estimate … an assessment of bidder competitiveness, which has important consequences for auction choice …

changes make the actions of bidders less visible during the auction and also limit the set of bids which can be submitted by a … this proposition using data from 4 auctions: the PCS C Block, Auction 35, the Advanced Wireless Service auction and the 700 … Mhz auction. We examine the frequency of jump bids, retaliatory bids and straightforward bids across these auctions. While …

An oil lease auction is the classic example motivating a common values model. However, formal testing for common values … has been hindered by unobserved auction-level heterogeneity, which is likely to affect both participation in an auction …

incomplete bid data typically available to the auction designer in online auctions for advertising or e-commerce. This direct … auction observations needed in order for revenue under the estimated reserve price to approximate revenue under the optimal … reserve arbitrarily closely. This simple approach to estimating reserves may be particularly useful for auction design in Big …

. Bidders can "buy-it-now" at a posted price, or "take-a-chance" in an auction where the top d > 1 bidders are equally likely to … mechanism increases revenue by 4.4% and consumer surplus by 14.5% compared to an optimal second-price auction …

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