We compare beauty contests with first-price sealed-bid and scoring auctions, using data on public procurement of … higher price sensitivity of procurement bureaucrats in scoring (and first-price) auctions. There is more entry in beauty … contests, by firms favored in them. Reduced entry into the scoring and price only auctions largely explains why the procurement …

empirical example, we use eBay PlayStation 3 auctions held in 2009. We find that the efficiency loss is over $30 for more than 5 …In this paper, we estimate the inefficiency in online auctions. Online auctions can be inefficient due to the Internet …% of online auctions. Furthermore, we also find the probability of the inefficient online auction is more than 0.25 …

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

-Price Auctions Credible? Semi- & Nonparametric Analyses."The paper "Are Estimates of Asymmetric First-Price Auctions Credible? Semi …

reserve prices in ascending auctions. The field experiments were performed with a large online used automobile seller. In …

equivalence between the two formats. Applying this model to data from the IMF gold auctions run in 1976-80, we find evidence of …