In premium auctions, the highest losing bidder receives a reward from the seller. This paper studies the private value …

We examine bidding behaviour of individuals and teams in an experimental auction resembling UMTS-license auctions. Even … though in reality teams were largely involved in those auctions, experimental studies on bidding in auctions have so far …

We correlate competitive bidding and profits in symmetric independent private value first-price auctions with salivary … profits in the auctions except for a small positive response of the stress hormone cortisol in males. …

In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values, we scan …

We analyze pre and post-task confidence in an experiment in which subjects bid in multi-unit common value auctions …

Auctions are increasingly being used to allocate emissions allowances (“permits”) for cap and trade and common …-pool resource management programs. These auctions create thick markets that can provide important information about changes in …-bid auctions and for multiround clock auctions, with or without end-of-round information about excess demand. Price inertia is …

The targeted design of auctions has to take behavioral regularities into account. This pa- per explores whether …-bid auction and three different descending-clock auctions. We assume that a bidder's willingness-to-accept exceeds his willingness … mechanisms influence the reference state and that auctions that foster reference-state shifts lead to lower payments for the …

of charity auctions, art auctions, and spectrum auctions …