We introduce a simple and robust approach to answering two key questions in empirical auction analysis: discriminating … between models of entry and quantifying the revenue gains from improving auction design. The approach builds on Bulow and … and auction formats without requiring instruments or estimation of a complex structural model. We demonstrate the approach …

contestants. Instead, we propose an alternative auction format that is equally simple to implement and efficiently selects the …

-price auction. Before the contest, a fixed number of innovators is selected in an entry auction, in order to address the adverse …

Motivated by several interesting features of the highway mowing auction data from Texas Department of Transportation … (TDoT), we propose a two-stage procurement auction model with endogenous entry and uncertain number of actual bidders. Our …-monotone decreasing as well. We then develop an empirical model of entry and bidding controlling for unobserved auction heterogeneity to …