over the other students who would attend the same college. It is well known that the core of this model may be empty …, without strong assumptions on agents' preferences. We introduce a method that finds all core matchings, if any exist. The … core is empty. …

We analyze the welfare consequences of an increase in the commissions charged by the organizer of an auction … of tax incidence in consumer economics. We argue, however, that auction markets deserve a separate treatment. Indeed we …

from auction alternatives in recent years, despite significantly lower costs in both direct fees and initial underpricing … when using the auction mechanism. This paper shows that in the French market, where the frequency of book-building and …

seconds of an auction, knowing that bids arriving after the closure of the auction are not counted. They also bid several … times at the same auction. We model Internet auction as a dynamic multi-unit auction. This let us explain the rationality of …

.S. Forest Service timber auctions, we document a set of systematic effects of auction format: sealed bid auctions attract more … for these qualitative effects of auction format. We then calibrate the model using parameters estimated from the data and … bidder competitiveness, which has important consequences for auction choice. …

We study auction design when parties cannot commit themselves to the mechanism. The seller may change the rules of the … commit to the English auction. Typically the converse also holds, the English auction is the only stable auction mechanism. …