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Persistent link: https://www.econbiz.de/10013365990

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Counterfactual inference for consumer choice across many product categories

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Comparing open and sealed bid auctions : theory and evidence from timber auctions

Athey, Susan; Levin, Jonathan; Seira, Enrique - 2004

We study entry and bidding patterns in sealed bid and open auctions with heterogeneous bidders. Using data from U.S. Forest Service timber auctions, we document a set of systematic effects of auction format: sealed bid auctions attract more small bidders, shift the allocation towards these...

Persistent link: https://www.econbiz.de/10011607074