-price (English) auctions with independent private values. In a laboratory experiment, we find that individuals overbid more than … teams in first-price auctions and deviate more from bidding their own value in second-price auctions. However we observe no … difference in bidding behavior in English auctions. Based on control variables, we claim that the observed difference can be …

-price (English) auctions with independent private values. In a laboratory experiment, we find that individuals overbid more than … teams in first-price auctions and deviate more from bidding their own value in second-price auctions. However we observe no … difference in bidding behavior in English auctions. Based on control variables, we claim that the observed difference can be …

Combinatorial auctions, in particular core-selecting auctions, have increasingly attracted the attention of academics … and practitioners. We experimentally analyze core-selecting auctions under incomplete information and find that they … perform better than the Vickrey auction. The proportions of efficient allocations are similar in both types of auctions, but …

The targeted design of auctions has to take behavioral regularities into account. This paper explores whether …-bid auction and three di erent descending-clock auctions. We assume that a bidder's willingness-to-accept exceeds his willingness … mechanisms influence the reference state and that auctions that foster reference-state shifts lead to lower payments for the …