-now options) in online auctions, as well as some of the literature dealing with online-auction design (including stopping rules …The economic literature on online auctions is rapidly growing because of the enormous amount of freely available field … data. Moreover, numerous innovations in auction-design features on platforms such as eBay have created excellent research …

The transition of the advertising market from traditional media to the internet has induced a proliferation of … marketing agencies specialized in bidding in the auctions that are used to sell ad space on the web. We analyze how collusive … efficiency of both the Generalized Second Price auction (GSP, used by Google and Microsoft-Bing and Yahoo!) and the VCG mechanism …

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 …

A common complaint about online auctions for consumer goods is the presence of "snipers," who place bids in the final … seconds of sequential ascending auctions with predetermined ending times. The literature conjectures that snipers are best … effect of this experience on a new buyer's propensity to participate in future auctions. We show the effect to be causal …

. 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 … apply our analysis to advertiser bidding data from Microsoft Advertising Exchange. In counterfactual simulations, our … mechanism increases revenue by 4.4% and consumer surplus by 14.5% compared to an optimal second-price auction …

policies in an empirical model of U.S. Forest Service timber auctions. The model fits the data well both within the sample of … profit of larger firms. We explain these findings by connecting to the theory of optimal auction design …

? Utilizing a detailed data set on Government of Canada securities auctions, we argue that the answer is yes. Direct participation … in these auctions is limited to government securities dealers. However, non-dealer customers can also submit bids through … customer bids, and dealers observing customer bid can predict the auction cutoff price better. Customers also respond …