timber auctions, the Forest Service publicly announces its estimates of the tract characteristics before the auction, and …

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) …

This paper considers the bidding behavior of participants in the daily auction to supply electricity in England and …

emissions market shows that the auctions have become a small part of a relatively efficient market and that the auction design …

Which is the more profitable way to sell a company: a public auction or an optimally structured negotiation with a … smaller number of bidders? We show that under standard assumptions the public auction is always preferable, even if it … at least one extra bidder. An immediate public auction also dominates negotiating while maintaining the right to hold an …

This paper reports on the results of an auction sale of 83 condominium apartment units in New Jersey. At the auction … fetched at auction and the discount was largest for those units hammered down early in the auction. These results are … auction may have been the subject of a "winner's curse" which generated considerable profit for the seller …

bid on most jobs. The apparent role of ring meetings prior to the auction was to designate a serious bidder, and its bid …

introduction of its auction, the Bolsin, not only did the parallel market premium for dollars all but disappear in Bolivia, but the … evidence from daily auction data suggests that credit for the Bolsin's success should be attributed largely to central bank … policy at the auction rather than the auction as an institution …

With imperfectly competitive product markets, producers react to the auction of quota licenses by adjusting price …