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 …

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 …

trade at a fixed price before an auction. In the "Buy-It-Now" format, the seller offers a price prior to the auction …

In Buy-It-Now auctions, sellers can post a take-it-or-leave-it price offer prior to an auction. While the literature …

implementation of the 3 pm local auction for quarters in Germany at the European Power Exchange (EPEX SPOT) in December 2014 to … challenges that are linked with a potential implementation of an intraday auction. …

approached about 4500 households, each participating in either an all-pay auction, a lottery, a non-anonymous voluntary … contribution mechanism (VCM), or an anonymous VCM. In contrast to the VCMs, households competed for a prize in the all-pay auction … and the lottery. Although the all-pay auction is the superior fundraising mechanism both in theory and in the laboratory …

two auctions, we vary auction design features between and within pairs including shipping cost, open reserve, secret … auction choice by bidders are indeed related to search costs. We find strong inertia in auction choice and find that this … effect significantly interacts with time left in the auction. While individuals do not always choose a lower priced auction …

In a field experiment, we study the revenue-generating properties of premium auctions. In a premium auction, the runner … that the relative performance of premium auctions compared to standard auction formats is context-specific. In the … experiment, we compare two types of premium auctions with the standard Vickrey auction selling high-quality, limited …