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Auctions with imperfect commitment when the reserve may signal the auctioneer's type
Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2013
If bidders are uncertain whether the auctioneer sticks to the announced reserve, some bidders respond by not bidding, speculating that the auctioneer may revoke the reserve. However, the reserve inadvertently signals the auctioneer's type, which drives a unique separating and a multitude of...
Persistent link: https://www.econbiz.de/10009781360
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Signalling in auctions : experimental evidence
Bos, Olivier; Gomez-Martinez, Francisco; Onderstal, Sander - 2018
We study the relative performance of the first‐price sealed‐bid auction and the second-price sealed‐bid auction in a … reveals the winner’s payment to an outside observer. We find that the first‐price sealed‐bid auction in which the winner …
Persistent link: https://www.econbiz.de/10011906329
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Asymmetric information in auctions : are resellers better appraisers?
Koptyug, Nikita - 2016
heterogeneity in the dispersion of private value components. I use the asymmetric ascending auction model of Hong and Shum (2003) to …
Persistent link: https://www.econbiz.de/10011430656
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Reputational bidding
Giovannoni, Francesco; Makrēs, Miltiadēs - 2014
Persistent link: https://www.econbiz.de/10010362561
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Labour market screening with intermediaries
Schweinzer, Paul - 2006
employment office or head hunter. In a centralised descending-bid, multi-item procurement auction, workers submitwage-bids for …
Persistent link: https://www.econbiz.de/10010366528
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Auction mechanisms and bidder collusion : bribes, signals and selection
Llorente-Saguer, Aniol; Zultan, Ro’i - 2014 - This version: November 20, 2014
ensuing auction, leading to loss of efficiency and eliminating the revenue dominance typically observed in firstprice auctions. …
Persistent link: https://www.econbiz.de/10010472820
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Auctions with prestige motives
Bos, Olivier; Truyts, Tom - 2014
Persistent link: https://www.econbiz.de/10010423256
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On some collusive and signaling equilibria in ascending auctions for multiple objects
Albano, Gian Luigi; Germano, Fabrizio; Lovo, Stefano M. - 2002
Persistent link: https://www.econbiz.de/10001714425
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On some collusive and signaling equilibria in ascending auctions for multiple objects
Albano, Gian Luigi; Germano, Fabrizio; Lovo, Stefano M. - 2001
Persistent link: https://www.econbiz.de/10001625333
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Calibrated click-through auctions : an information design approach
Bergemann, Dirk; Duetting, Paul; Paes Leme, Renato; … - 2021
Persistent link: https://www.econbiz.de/10012515932