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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 …
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I study the sequence of bidding in an open-outcry English auction to examine how the strategic bidding process affects … use the Jump Biddings to determine whether an open-outcry auction is best interpreted with models that assume private …
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We empirically measure the effects of increasing competition on equilibrium bidding in procurement auctions In common-value auctions the winner's curse counsels more conservative bidding as the number of competitors increases First we estimate the structural parameters of an equilibrium bidding...
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