auctions of rights to develop residential real estate projects in Hong Kong. To do so, we deconstruct the complexity …

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 …

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 …

-private-value auctions with price-proportional benefits to bidders. We estimate a structural econometric model which, by introducing an …

We investigate the role of competition on the outcome of Austrian Treasury auctions. Austria's EU accession led to an … increase in the number of banks participating in treasury auctions. We use structural estimates of bidders' private values to …

In second price internet auctions with a fixed end time, such as those on eBay, many bidders snipe , i.e., they submit … their bids in the closing minutes or seconds of an auction. Late bids of this sort are much less frequent in auctions that … are automatically extended if a bid is submitted very late, as in auctions conducted on Amazon. We propose a model of …

Within this paper, we aim to investigate asymmetries among bidders in land auctions that may entail non …, tenancy status, and nationality of bidders. Our findings challenge the hypothesis that land privatization via auctions …

This paper provides evidence of bounded rationality by large dealers in U.S. Treasury auctions. I argue that these … auctions are precisely such economic agents. …