We study experimental multi-unit uniform and discriminatory auctions with demand uncertainty, motivated by the ongoing … debate about market design in the electricity industry. We study the effect of asymmetric demand-information in the two … auction institutions. In our treatment condition some sellers have less information than in our baseline conditions. In both …

auction. We analyse experimentally how eBay sellers set BIN prices and whether they benefit from offering them. Using the real … eBay environment in the laboratory, we find that the eBay auction format supports deviations from truthful bidding leading … to auction prices substantially below those expected in second-price auctions. Our results reveal that the observed price …

does not effect their price decisions. Compared to an eBay auction without a BIN-price, the BIN-auction is more efficient …