We present results of several experiments that deal with endogenous entry in auctions and auction valuation. One … compare different auction mechanisms. This highlights the need for new experimental procedures to be used for testing theories … that involve endogenous auction entry in the laboratory …

signals, and make purchase decisions that are biased towards their initial choices. Using an incentive compatible auction …

aggregate dispersed information. Another reason behind the frequent utilization of open auction formats may be that they … activate revenue enhancing biases. In an experiment, we compare three auctions that differ in how much information is revealed … and in the potential activation of behavioral biases: (i) the ascending Vickrey auction, a closed format; and two open …