Showing 1,681 - 1,690 of 20,948
Auctions have the potential and are expected to improve the cost-effectiveness of nonpoint source pollution abatement …
Persistent link: https://www.econbiz.de/10014358660
The existing auction literature treats on-line auctions as running independently of one another with each bidder … choosing to participate in only one auction. In fact, in the case of on-line auctions, many substitutable goods are auctioned … concurrently and bidders can bid at several auctions at the same time. Recent theoretical research by Peters and Severinov (2001 …
Persistent link: https://www.econbiz.de/10014066092
value) in a sample of eBay auctions for computers. The measure also allows me to separately estimate the price effects of …, creating an incentive for sellers to reduce uncertainty in their auctions …
Persistent link: https://www.econbiz.de/10014066159
We present results of several experiments that deal with endogenous entry in auctions and auction valuation. One … potential gains from auctions. Even after they are given some experience with particular auctions, the uncertainty inherent in … the auctions (the probability of winning as well as the potential gains from winning) makes it difficult for subjects to …
Persistent link: https://www.econbiz.de/10014066618
This study examines the role of timing in auctions under the premise that time is a valuable resource. When one object … is for sale, Dutch and first-price sealed bid auctions are strategically equivalent in standard models, and therefore …, they should yield the same revenue for the auctioneer. We study Dutch and first-price sealed bid auctions in the laboratory …
Persistent link: https://www.econbiz.de/10014066619
-selecting mechanisms -- i.e., auctions that induce outcomes in the core -- in order to balance revenue and efficiency goals. But … increasingly, auctions -- such as the FCC's 2016-17 Incentive Auction -- seek to reallocate goods, not just sell them. We show that …
Persistent link: https://www.econbiz.de/10014344563
Spectrum auctions in the United Kingdom have been mostly successful in achieving their objectives, suggesting that … potential lessons can be learned for auctions elsewhere, given the mixed picture worldwide of positive and negative experiences …. Good auction design benefits from learning both between scholars and practitioners and across a series of auctions. Lessons …
Persistent link: https://www.econbiz.de/10014346569
mechanisms and other market mechanisms involving auction procedures. Among the various auction mechanisms, scoring auctions and …
Persistent link: https://www.econbiz.de/10014346821
It is common for auctions to feature reserve prices that are kept secret. In auctions with independent private values … sellers in auctions with independent private values and suggests that selling reserve price information to buyers can lead to …
Persistent link: https://www.econbiz.de/10014351059
The popularity of open ascending auctions is often attributed to the fact that openly observable bidding allows to … activate revenue enhancing biases. In an experiment, we compare three auctions that differ in how much information is revealed …
Persistent link: https://www.econbiz.de/10014352203