tax it would pay for acquiring monopoly rights on a particular venture, posted publicly on a government-auction website … pain of losing the auction to a competitor. With minimal government intervention, the “invisible hand” of economic theory …

In an auction with a buy price, a seller offers bidders the opportunity to forgo competing in an auction by transacting … auction's reserve price and buy price, she does best to keep her aspirations sufficiently low by designing a no …-reserve auction with a buy price low enough that some bidder types would exercise it with positive probability in equilibrium. The …

In an auction with a buy price, the seller provides bidders with an option to end the auction early by accepting a … transaction at a posted price. The "Buy-It-Now" option on eBay is a leading example of an auction with a buy price. This paper … develops a model of an auction with a buy price in which bidders use the auction's reserve price and buy price to formulate a …

In an auction with a buy price, a seller offers bidders the opportunity to forgo competing in an auction by transacting … auction's reserve price and buy price, she does best to keep her aspirations sufficiently low by designing a no …-reserve auction with a buy price low enough that some bidder types would exercise it with positive probability in equilibrium. The …

Asymmetric auctions are among the most rapidly growing areas in the auction literature. The potential benefits from … improved auction efficiency are expected to be enormous in public procurement auctions related to official development projects …. Entrant bidders are considered a key to enhance competition in an auction and break potential collusive arrangements among …