evolutionary learning in repeated auctions - bidders' strategies are influenced by the outcome of the past rounds in the game … outcome of learning in auctions. On the other hand it uses computational simulation. The simulation is first checked against …. The main result of the Thesis is the instability of the NE in first price auctions, third and higher price auctions and …

CommunicationsCommission spectrum license auctions in the early nineties and continues to this day.In a setting in which goods are not … collected almost $70 millionin revenue. This research is the first to empirically assess efficiency in this type ofauction …

Several major websites offer hybrid auctions that allow advertisers tobid on a per-impression or a per-click basis. We … auctions, and (c) should consider advertisers'strategic incentives when forming click-through rate expectations inhybrid …

auctions. In this paper we examine this tradeoff between the auctioneers’ desire to expand their customer base and the bidders …

evaluated on the basis of a scoring metric – a benefit cost ratio. The ecological effectiveness and economic efficiency of the … about the spatial goal as the treatment variable. Analysis indicates that the information reduces the cost-efficiency of the … auction. Experience with bidding also has a negative impact on auction efficiency. The study also provides an analysis of the …

face-to-face auctions than at comparable Internet auctions. The comparison overcomes adverse selection issues that commonly … dates between online and offline auctions. Furthermore, both auctions feature ascending price formats with ‘soft …. The results suggest that the higher prices and net revenues from traditional auctions are attributable to remaining …

discussion about the obtained results at the end. The first part provides a literature review on auctions and analyzes bidders …' behavior in Austrian cattle auctions. The aim is to investigate whether there are differences among bidders and whether bidders …

auctions. It is the second bulletin on livestock marketing research in the West prepared under the supervision of the Western … marketing agencies used and the status of auctions in the total structure of livestock marketing; (3) to trace the development … trade territory and methods of transportation used; and (5) to determine the economic effectiveness of auctions as an agency …

While there is an ever increasing adoption of e-sourcing, where a buyer auctions off procurement contracts to a small …, focusing on recurring auctions, we find that suppliers bid adaptively. The adaptive bidding is affected by the rank of … auctions, while non-incumbent winner's quality is lower. These findings imply that the main value of online procurement …