CommunicationsCommission spectrum license auctions in the early nineties and continues to this day.In a setting in which goods are not …

This dissertation, which consists of three essays, studies online auctions boththeoretically and empirically.The first … essay studies a special online auction format used by eBay, “Buy-It-Now” (BIN) auctions, in which bidders are allowed to buy … explain the high frequency of bidders accepting BIN price, and may alsohelp explain the popularity of temporary BIN auctions …

In common-value auctions and contests economic agents often havevarying levels of information regarding the value of … informationin first-price, sealed-bid, common-value auctions. Bidders who observe a private signal tend to overbid relative to Nash … asymmetric information in one-shot common-valueall-pay auctions and lottery contests from both experimental and …

discussion about the obtained results at the end. The first part provides a literature review on auctions and analyzes bidders …' behavior in Austrian cattle auctions. The aim is to investigate whether there are differences among bidders and whether bidders …

While there is an ever increasing adoption of e-sourcing, where a buyer auctions off procurement contracts to a small …, focusing on recurring auctions, we find that suppliers bid adaptively. The adaptive bidding is affected by the rank of … auctions, while non-incumbent winner's quality is lower. These findings imply that the main value of online procurement …

(Roscas) in an agricultural south-Indian village are used for an analysis of Rosca auctions. We develop a simple SIPV Rosca …-auction model. We show that, in contrast to standard SIPV English auctions, bidders overbid relative to their maximum willingness to …

Auctions are an ancient economic institution. Since Vickrey (1961), the development of auction theory has lead to an … explaining their enduring popularity. Given the pervasiveness of auctions, the question of how a seller should engineer the rules …