Auctions" European Economic Review 2002 and "The Biggest Auction Ever: the Sale of the British 3G Telecom Licenses" Economic …I suggest explanations for the apparently puzzling bidding in the year 2000 British and German 3G telecom auctions …. Relative-performance maximisation may have been important, but the outcome of the British auction seems to have been efficient …

formal and informal rules of the auction trade for real estate and argues that 19 th century real estate auctions did not …In the 19 th century, auctions became a widespread form of transaction for real estate in England. Contemporaries … interests that played a deci- sive role in the establishment of the auction mechanism. The article provides an analysis of the …

. In the preparation of the auction, two designs involving each a hybrid of an English and a sealed-bid auction were … also compare the results to those with a pure English auction. Both hybrids are similar in efficiency, revenue differences … disappear as bidders get experienced. Compared to the discriminatory format, the pure English auction gives new entrants better …

auction - in a setting that extends Maskin and Riley (1984, Econometrica 52: 1473-1518) in three aspects: (i) the seller can … be risk averse, (ii) the bidders can have heterogeneous risk preferences, and (iii) the auction can have a binding … verifiable by deduction prior to the auction - the premium also benefits the seller and therefore leads to a Pareto improvement …

How willing are individual primary dealers to alter their offered yields in central bank quantitative easing auctions …) quantitative easing auctions from 2015 to 2021. I find, on average, that an offer by individual dealers to sell an additional one … possible to uncover with access to the whole distribution and significant size of the offered amounts at each auction. Moreover …