close until ten minutes have passed without a bid. This paper reports an experiment that allows us to examine the effect of …

close until ten minutes have passed without a bid. This paper reports an experiment that allows us to examine the effect of …

discriminatory price auction is better for the seller in this setting. Exactly as predicted by theory, it turns out that the uniform …. Somewhat surprisingly but again predicted by theory, it also yields a higher number of transactions, which makes it the more …