In this paper we present a new improved design for multiobject auctions and report on the results of experimental tests …

Indian Premier League organized sequential single-item auctions to allocate 77 cricketers to eight teams that participated in …

In practice, the rules in most open English auctions require participants to raise bids by a sizeable, discrete amount … bidder aggressiveness they will encounter in actual auctions. We also examine how these strategies change with the auction … bidding. Our model examines open English auctions where bidders have independent, private valuations. We find that discrete …

We study, theoretically and experimentally, sealed-bid first-price auctions with and without package bidding. In the …

A comprehensive book on combinatorial auctions?auctions in which bidders can bid on packages of items. The book … by Vernon Smith, an introduction to combinatorial auctions, and twenty-three cross-referenced chapters in five parts … testing the performance of combinatorial auctions, including simulation and experiment. Part V considers four important …

Inspired by some spectrum auctions we consider a stylized license auction with incumbents and a potential entrant …

As an alternative to the more traditional fixed-price schemes, governments can run auctions to purchase environmental …-effectiveness. Using field data from two fishing vessel decommissioning auctions in Scotland, we find ambiguous results regarding relative …