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The behavioural approach can be applied to both the design of an auction as well as to the implementation of a bidding … strategy. This paper reports a case study in which we assisted a bidder in the German DCS1800 auction in the preparation for …
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In numerous auction settings potential bidders incur costs to enter the auction. Such costs may potentially influence …, through a complete information common value auction. We run first and second price auctions both with and without entry costs …
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