In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values and 400 …D) of the right hand, a measure of prenatal hormone exposure, is correlated with bidding behavior and total profits. 2D … correlation between 2D:4D on either bidding or profits. However, there might be racial differences in the correlation between 2D:4 …

disadvantaged youths. Multiple proxies for training quality are identified from bidding processes in which public and private …

In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values, we scan … right hand, a measure of prenatal hormone exposure, is correlated with bidding behavior and total profits. 2D:4D has been … bidding or profits. Yet, our study raises an issue of ethnic differences with respect to 2D:4D. …

In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values, we …

In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values and 400 …

likely to affect the bidding behavior in first-price (but not second-price) auctions. We test experimentally a setup in which … collusion in first-price and second-price auctions. Furthermore, failed collusion attempts distort the bidding behavior in the …The theoretical literature on collusion in auctions suggests that the first-price mechanism can deter the formation of …

suppliers. We also compare other common contests, in particular, fixed-prize tournaments and auctions. Like bonus tournaments …, auctions implement the socially optimal diversity, but usually with higher rents for the suppliers. Fixed-prize tournaments … implement insufficient diversity, but may nevertheless be preferred by the buyer to auctions because of lower supplier rents. …

Public agencies mainly rely on two modes to procure goods and services: auctions and direct negotiations. We study a … 1994 policy change in Germany that introduced the possibility to procure rail services in auctions as well as in direct …, auctions improve service levels and reduce prices. As a result, surplus on auctioned lines increased by about 30 …

, we compare the optimal contest to scoring auctions and fixed-prize tournaments. …