The popularity of open ascending auctions is often attributed to the fact that openly observable bidding allows to … activate revenue enhancing biases. In an experiment, we compare three auctions that differ in how much information is revealed …

games, and show how it can be used to directly solve for equilibrium behavior in auctions, pricing games, tournaments, R …

Unique-lowest sealed-bid auctions are auctions in which participation is endogenous and the winning bid is the lowest … bid among all unique bids. Such auctions admit very many Nash equilibria (NEs) in pure and mixed strategies. The two …

lottery ticket.li one license is auctioned, auctions select the firm that is least risk averse.This is what we call the risk …

of charity auctions, art auctions, and spectrum auctions. …

The popularity of open ascending auctions is often attributed to the fact that openly observable bidding allows to … activate revenue enhancing biases. In an experiment, we compare three auctions that differ in how much information is revealed …

mechanism than the customer-initiated auction. When voting between the two auctions, participants tended to favor the server …

activities. We use an economic experiment to examine whether the market efficiency of conservation auctions increases or … decreases with repetition. Theory predicts that repetition facilitates collusion among sellers in procurement auctions, while … effects, the latter has the upper hand; average bids decrease monotonically over the consecutive auctions. Since repetition …