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Chapter 32 An Empirical Perspective on Auctions

Hendricks, Ken; Porter, Robert H. - In: Handbook of industrial organization : volume 3, (pp. 2073-2143). 2007

We describe the economics literature on auction markets, with an emphasis on the connection between theory, empirical practice, and public policy, and a discussion of outstanding issues. We describe some basic concepts, to highlight some strengths and weaknesses of the literature, and so...

Persistent link: https://www.econbiz.de/10014024584

Empirical reserve price in forestry : application to US forest service

Tatoutchoup, Francis Didier - In: Theoretical economics letters 6 (2016) 5, pp. 897-906

Persistent link: https://www.econbiz.de/10011585851

The impact of auction choice on revenue in treasury bill auctions : an empirical evaluation

Marszalec, Daniel - In: International journal of industrial organization 53 (2017), pp. 215-239

Persistent link: https://www.econbiz.de/10011804720

Semi-nonparametric estimation of secret reserve prices in auctions

Foster, Joshua - In: Economics letters 220 (2022), pp. 1-4

Persistent link: https://www.econbiz.de/10013473056

Comparing open and sealed bid auctions : theory and evidence from timber auctions

Athey, Susan; Levin, Jonathan; Seira, Enrique - 2004

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 …

Persistent link: https://www.econbiz.de/10011607074