In a number of observed procurements, the buyer has employed an auction format that allows for a split-award outcome …-award format relative to a winner-take-all unit auction format. Model predictions are assessed with data on submitted ‘step …-ladder' bid prices for a US defense split-award procurement …

To estimate demand for labor, we use a combination of detailed employment data and the outcomes of procurement auctions …, and compare the employment of the winner of an auction with the employment of the second ranked firm (i.e. the runner …-up firm). Assuming similar ex-ante winning probabilities for both firms, we may view winning an auction as an exogenous shock …

We extend Wilson (1979) share auction framework to model the uniform-price US Treasury auction as a two-stage multiple … its bidding behavior in handling the risk of being short-squeezed or face the winner curse in the post-auction market …

timber auctions, the Forest Service publicly announces its estimates of the tract characteristics before the auction, and …

We compare beauty contests with first-price sealed-bid and scoring auctions, using data on public procurement of … cleaning services in Swedish municipalities. The lowest submitted and winning bids are similar in all auction designs despite a … higher price sensitivity of procurement bureaucrats in scoring (and first-price) auctions. There is more entry in beauty …

When procurement contracts are incomplete, they are frequently changed after the contract is awarded to the lowest …