the spot market. -- capacity market ; procurement auction ; electricity market ; competitive equilibrium …

We model the uniform-price US Treasury security auction as a static symmetric game of incomplete information in which … each payer is a primary dealer who submits a demand schedule given two independent sources of private information – his pre-auction … we show how his pre-auction short position impacts his bidding behavior – in particular: the dealer's demand for the …

We extend Wilson (1979) share auction framework to model the uniform-price US Treasury auction as a two-stage multiple … competition, which leads to an increase in both Treasury revenue and revenue's volatility. Relatively to existing studies, this … its bidding behavior in handling the risk of being short-squeezed or face the winner curse in the post-auction market …

.S. Forest Service timber auctions, we document a set of systematic effects of auction format: sealed bid auctions attract more … for these qualitative effects of auction format. We then calibrate the model using parameters estimated from the data and … bidder competitiveness, which has important consequences for auction choice. …

; Gender ; Competition ; Aggression ; Dominance ; Risk-taking ; Endocrinological economics …

analysts of telecommunications and the European auction experience, all but one presented at a November 2001 CESifo conference … conference. The essays show the interconnectedness of two important and productive areas of modern economics, auction theory and … competition and the complex interplay of the political process, regulation, and competition. The later essays focus on specific …