superior firm enters the agreement only if it results in a large enough increase in demand for advertising space at the … share, the agreement is beneficial for the inferior firm, as the later firm's additional revenues from a higher advertising …

a "reservation bid" for low-price auctions. Extending results from the empirical auction literature and employing a …This paper proposes a framework for demand estimation with data on bids, bidders' identities, and auction covariates … from a sequence of eBay auctions. First the aspect of bidding in a marketplace environment is developed. Form the simple …

We analyze the welfare consequences of an increase in the commissions charged by the organizer of an auction … of tax incidence in consumer economics. We argue, however, that auction markets deserve a separate treatment. Indeed we …

In this paper the sequence of winning bids in the public auction of used cars in New Jersey is examined for the … sale. In a further contrast to many other studies, these data indicate that the prices tend to increase as the auction …

Internet auctions, such as those on eBay, are known for multiple bidding and sniping. Buyers send bids in the closing … seconds of an auction, knowing that bids arriving after the closure of the auction are not counted. They also bid several … times at the same auction. We model Internet auction as a dynamic multi-unit auction. This let us explain the rationality of …

.S. Forest Service timber auctions, we document a set of systematic effects of auction format: sealed bid auctions attract more …We study entry and bidding patterns in sealed bid and open auctions with heterogeneous bidders. Using data from U … extends the theory of private value auctions with heterogeneous bidders to capture participation decisions, that can account …

We study auctions in which the number of potential bidders is large, such as in Internet auctions. With numerous … bidders, the expected revenue and the optimal bid function in a first price auction result in complicated expressions, except … Internet auctions. …

This paper investigates regulation by auctions of private supply of congestible infrastructures in two networks …. The effects of an auction depend on what the bidders compete. With a transfer auction, the bidders compete on how much … money they transfer to the government. This auction leads to the same outcome as the game without an auction (for a given …

In most wholesale electricity markets generators must submit step-function offers of supply to a uniform price auction …

We model the idea that when consumers search for products, they first visit the firm whose advertising is more salient …. The gains a firm derives from being visited early increase in search costs, so equilibrium advertising increases as search … heterogeneity in advertising costs. Firms whose advertising is more salient and therefore raise attention more easily charge lower …